Giorgi Tsertvadze [J&T Consulting Managing Partner] on price increases, competition law, and the role of the Competition Agency.
In an interview with BMG, Giorgi discussed European and U.S. practice and the methodologies used in the West to analyze pricing and conduct market research.
Can price increases be curbed?
Giorgi spoke about expectations and why it is essential to study the underlying causes of price growth, as well as what measures may be acceptable to help contain excessive price increases and maintain stable price levels.
Competition law and economic analysis
The interview also addressed what is required to determine whether free competition rules have been violated.
The role of the Competition Agency
Giorgi outlined the role of the Competition Agency under Georgian legislation and explained the Agency’s powers within the current legal framework, including what outcomes may realistically be expected in both the short and long term.
Watch the full interview on BMG’s YouTube channel: https://www.youtube.com/watch?v=tbdHLDo_md4&t=975s
