The First Cartel Discovered on the Georgian Market. Case Comment to the Decision of 14 July 2015 on the Car Fuel Commodity Market (Order No 81 of the Chairman of the Georgian Competition Agency)

• Authors: Gvelesiani Zurab
• Languages of publication: EN

Keywords

EN

hardcore cartel; indirect evidence; pricing policy

• Publisher: Uniwersytet Warszawski. Wydział Nauk Ekonomicznych
• Journal: Yearbook of Antitrust and Regulatory Studies
• Year: 2016
• Volume: 9(13)
• Pages: 165-178

Dates

published

2016-06-30

printed

2016-06-30

Contributors

author

Gvelesiani Zurab

• SJD candidate at Central European University, Budapest

References

• Association of Young Financiers and Businessmen. (16 January 2015). Gas prices on Georgian market are inadequate to that of international market. Retrieved from: http://afba.ge/en/news/index/116.
• BBC News (10 May 2005). How the Rose Revolution happened. Retrieved from: http://news.bbc.co.uk/2/hi/4532539.stm.
• BPI. (6 August 2015). Oil Companies to Sue the Competition Agency’s Conclusion. http://bpi.ge/index.php/oil-companies-to-sue-the-competition-agencys-conclusion/?lang=en.
• Business Week Caucasus. (22 December 2014). Global price on fuel declines considerably by 48%, while Georgian prices decrease by 13%. Retrieved from: http://cbw.ge/business/global-price-on-fuel-declines-considerably-by-48-while-georgian-prices-decrease-by-13/
• Civil Georgia. (17 July 2015). SOCAR, Sun Petroleum Dispute Multi-Million Fines Imposed by Competition Agency. Retrieved from: http://www.civil.ge/eng/article.php?id=28445.
• Coppieters, B. and Legvold, R. (2005). Statehood and security: Georgia after the Rose Revolution. Cambridge: American Academy of Arts and Sciences.
• Georgian Business Consulting. (11 April 2016a). The court left a fine of 14 million, imposed on “SOCAR”, under the force http://gbc.ge/index.php?m=tst.
• Georgian Business Consulting. (12 April 2016b). SOCAR plans to continue fight against Competition Agency. http://gbc.ge/index.php?m=tst.
• Georgian Journal. (24 July 2015). The Cartel-ificent Five - Determining real owners of the ‘Big Five’ is harder than catching a black cat in a dark room. http://www.georgianjournal.ge/business/31083-the-cartel-ificent-five-determining-real-owners-of-the-big-five-is-harder-than-catching-a-black-cat-in-a-dark-room.html?fb_comment_id=848330121911129_848386001905541#f954840d723b3
• Jones, A. and Albors-Llorens, A. (2016). The Images of the Consumer in EU Competition Law. In: Leczykiewicz, D. and Weatherill, D. The Image(s) of the ‘Consumer’ in EU Law. Hart Publishing.
• Kandelaki, G. (2006). Georgia’s Rose Revolution, Participant’s Perspective. United States Institute of Peace, Special Report. Retrieved from: http://www.usip.org/sites/default/files/sr167.pdf.
• Kirtzkhalia, N. (30 January 2015). Georgian PM accuses oil companies of violating competition law. Trend News Agency, retrieved from: http://en.trend.az/scaucasus/georgia/2358571.html.
• Krauss, C. (18 April 2016). Oil Prices: What’s Behind the Drop? Simple Economics. NY Times. Retrieved from: http://www.nytimes.com/interactive/2016/business/energy-environment/oil-prices.html?_r=0
• Lincoln, M. (2013). Uncertain Democracy: U.S. Foreign Policy and Georgia's Rose Revolution. Philadelphia, University of Pennsylvania Press.
• Rimple, P. (2012). Who Owned Georgia 2003-2012. Tbilisi: Transparency International Georgia. Retrieved from: http://www.transparency.ge/sites/default/files/post_attachments/Who%20Owned%20Georgia%20Eng.pdf
• The Economist. (8 December 2014). Why the oil price is falling. Retrieved from: http://www.economist.com/blogs/economist-explains/2014/12/economist-explains-4.
• Transparency International Georgia. (2012) Competition Policy in Georgia. Tbilisi.

Identifiers

ISSN

1689-9024

DOI

10.7172/1689-9024.YARS.2016.9.13.9