Home
Category
TV Live Menu
Loading data...

National Competition Agency Confirmed 2 Violations In The Online Trade Sector

63e9f2d186630
Natia Taktakishvili
13.02.23 13:00
340
The Georgian National Competition Agency has confirmed two violations in the online trade sector and the traders were instructed to restore the violated rights of consumers. As a result of evaluating and studying the circumstances of the case and the presented evidence, the Instagram/Facebook page “Minimalist” and the shopping platform “concept” were instructed to conform their trade policy to the requirements of the relevant articles of the law by the Agency’s decision.

In accordance with the legislation, when a trader fails to execute or improperly executes a decision of the Agency within the period determined by the Agency, the trader shall be penalized. The amount of penalty shall not exceed 2 % of the annual turnover of the trader for the preceding financial year. If, during a period of 12 months, a trader commits a violation repeatedly, he/she shall be subject to a penalty which is double the amount of the previously imposed penalty. The Agency’s decision can be appealed in court.

From November 1, 2022 until now, the Agency has received 125 applications. Case study has been started on 75 cases. In favor of the consumers were signed 16 assumed obligation contracts. 5 facts of violation were confirmed and in one case it was not confirmed.

Subscribe to our news

Get the main news of the day