Antitrust Compliance is a preventive legal service helping companies avoid violating competition legislation. Competition law in Georgia is tightening, and enforcement is becoming more effective. Companies, especially those with a dominant market position, must ensure their pricing, contracts, and marketing strategies do not restrict competition. An antitrust compliance program protects businesses from heavy financial penalties (up to 5% of turnover) and reputational damage.
Competition law experts at Legal.ge offer antitrust compliance services. Services include:
- Risk Audit: Checking existing company contracts and business practices for compliance with antitrust legislation.
- Compliance Program Implementation: Developing an internal corporate Compliance Manual defining rules of conduct with competitors and suppliers.
- Merger Notification (M&A): Preparing a notification of concentration for the Competition Agency and obtaining approval before transaction completion.
- Employee Training: Training managers and sales teams to prevent cartel agreements or prohibited information exchange.
- Dominant Position Analysis: Market research and conclusion on whether the company holds a dominant position and what obligations this entails.
Antitrust compliance services are relevant in the following situations:
- Two large energy companies plan to merge. Prior approval from the Competition Agency is needed to prevent market monopoly creation.
- A company plans to sign exclusive agreements with distributors. A lawyer assesses if this restricts competition.
- Competitors discuss prices within an association. A lawyer warns of cartel risks and establishes meeting protocols.
- A company is accused of abusing its dominant position. A lawyer prepares a defense strategy and economic justification.
The field is regulated by the Law on Competition and normative acts of the National Competition Agency. Legislation prohibits anti-competitive agreements, abuse of dominant position, and unfair competition.
Collaborating with a Legal.ge specialist is an investment in safety. Proactive compliance is far cheaper than Agency investigations and fines. Our lawyers will help you conduct business freely and legally.
Find antitrust compliance experts on Legal.ge. Our platform gives you access to lawyers with deep knowledge of competition law.
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