The following Competition guidance note Produced in partnership with GRATA International Law Firm provides comprehensive and up to date legal information covering:
A conversation with Ummi Jalilova, executive director of the Azerbaijan practice of regional law firm GRATA Law Firm, on key issues on merger control in Azerbaijan.
NOTE–to see whether notification thresholds in Azerbaijan and throughout the world are met, see Where to Notify.
The existing Law on Antimonopoly Activity (the Law) was adopted in Azerbaijan in 1993 and has undergone four packages of amendments since then (in 1997, 2002, 2015, 2016 and 2018 accordingly). This Law, although being updated regularly has various gaps in practical areas. The Law sets out the requirements for and procedure for merger control in the Republic of Azerbaijan.
Currently, the State Service for Antimonopoly Policy and Protection of Consumers of The Ministry of Economy of the Republic of Azerbaijan (the Antimonopoly Agency) is the merger control authority in the Republic of Azerbaijan.
The Antimonopoly Agency has an exclusive right to implement the State control on prevention of market players on their key positions or actions and restricting competence on the market in the purposes of restricting the monopoly.
In terms of 'hot' issues, the Law on Antimonopoly Activity in Azerbaijan has a
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