"With advances in digital markets and rising competition, questions arise concerning special aspects of its assessment. It is safe to say that last year we did the groundwork for laying out approaches to assessing the state of competition in digital markets and the procedure for determining the transboundary nature of such markets. We have prepared a review that contains practical approaches to determining the product and geographical boundaries of digital markets, indicators used to calculate market volumes and shares of economic entities. Particular attention will be paid to extending the format of interaction with the business community", commented Arman Shakkaliev, Minister in charge of Competition and Antitrust Regulation.
Besides, the report includes operating results on the state regulation of prices for certain types of goods, as well as information on measures aimed at improving the efficiency of competition policy, in particular competition advocacy and international cooperation.
It bears reminding that in 2021, the Organization for Economic Cooperation and Development (OECD) conducted an expert review of legal regulation and competition policy in the Eurasian Economic Union. This is the first instance that the OECD has reviewed the Commission's activities. The review contains an analysis of the EAEU competition law, procedural acts, competition policy and law enforcement in the EAEU, as well as analysis of the efficiency of current competition regulation institutions, international cooperation and competition advocacy.