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STATE AID: DEFECTS, WAYS OF REGULATION

Authors:

Abstract

The article ,,State Aid" refers to the problems of issuance of this aid. Therefore, in the article is highlighted then gaps of the state aid procedures, it is critically analyzed and is presented concrete proposals for their resolution (with the legislative amendments). Ultimately, there is underlined that the draft proposals for the Georgian Law on Competition will help to uproot the existing gaps of the Law and will increase the efficiency of law enforcement mechanisms, which by establishing the principles of competition protection and free trade, should contribute to improving the quality and safety of business and investments in the country.
aa
ee
THE NEW ECONOMIST / THE NEW ECONOMIST / axali ekonomistiaxali ekonomisti
SCIENCE/SCIENCE/mecnierebamecniereba
17
N2 (69) 2023, Vol. 18, Issue 2.
ISSN 1512-4649(Print)ISSN 1512-4649(Print)
ISSN 2667-9752(Online)ISSN 2667-9752(Online)
STATE AID: DEFECTS, WAYS OF REGULATION






Slava Fetelava

Associate Professor of



Jamlet Janjgava

Professor of



REFERENCES:
1. -


2. 

3.   

4.   
      


5.   


ABSTRACT



      


and safety of business and investments in the country.
Keywords: 
18
aa
ee
THE NEW ECONOMIST / THE NEW ECONOMIST / axali ekonomistiaxali ekonomisti
SCIENCE/SCIENCE/mecnierebamecniereba
N2 (69) 2023, Vol. 18, Issue 2.
ISSN 1512-4649(Print)ISSN 1512-4649(Print)
ISSN 2667-9752(Online)ISSN 2667-9752(Online)
INTRODUCTION
    
-
sion made with respect to an economic agent and it


-





a) 
   
    -

    -

-
tion activities;
     
  -
    
to which Georgia is a party;
      

       -
    -
gia has made a decision in this respect.
THE MAIN TEXT





    

  
whether competition is hindered in the markets where



  
    

   
 




aa
ee
THE NEW ECONOMIST / THE NEW ECONOMIST / axali ekonomistiaxali ekonomisti
SCIENCE/SCIENCE/mecnierebamecniereba
19
N2 (69) 2023, Vol. 18, Issue 2.
ISSN 1512-4649(Print)ISSN 1512-4649(Print)
ISSN 2667-9752(Online)ISSN 2667-9752(Online)

   

     

-
 

   



-




 -





 


free trade and competition in the country according to
the Law of Georgia On Competition and the secondary

-

 st

-


-

The issue is even more pressing given the situation
    





-

-

 

restricts competition. The agency does not have any






that hinders competition is granted without the con-


after the state aid was granted in agreement with the


that serve as recommendations.

Law of Georgia On Competition referring to the state



-



-
-
-




   
additions made to the Law of Georgia On Competition

-


-
-



-


CONCLUSION

20
aa
ee
THE NEW ECONOMIST / THE NEW ECONOMIST / axali ekonomistiaxali ekonomisti
SCIENCE/SCIENCE/mecnierebamecniereba
N2 (69) 2023, Vol. 18, Issue 2.
ISSN 1512-4649(Print)ISSN 1512-4649(Print)
ISSN 2667-9752(Online)ISSN 2667-9752(Online)
   

  
-




 
   




-
-
gation of the state aid provider to agree the procedure
 

a fact of hindering competition due to the provision
      
     

ensure mechanisms for returning the amount granted
as the state aid.


-
  -

   
and attracting investments to the country through

and free trade.
ResearchGate has not been able to resolve any references for this publication.