Damascus - Sana
In line with the importance of strengthening the role of the General Authority for Competition and Preventing Monopoly in light of the changes imposed by the war on the current economic reality, the Committee for Economic Policies and Programs under the chairmanship of the Council of Ministers discussed the development of the Authority's work and activating it in the field of giving indications on the needs of markets and the availability of materials and controlling any concentration in supplies and contracts.
The committee decided during its meeting today chaired by Prime Minister Eng. Emad Khamis to entrust the Authority with re-evaluating the laws governing its work and amending it according to the requirements of the stage and supplying it with specialized cadres in the financial, economic and statistical fields. Achieve the integrity and transparency of tenders and contracts.
It was decided during the meeting to expand the work of the Authority in the field of monitoring key markets sectorally and identify monopolies in which contribute to take the necessary decisions to provide goods and balance between supply and demand and ensure the integrity of trade transactions and identify goods that require increased production and submit proposals to raise their competitiveness indicators at the internal and external levels to As well as spreading the culture of competition in order to achieve quality.
The Commission was also asked to assess the impact of legislation and economic measures taken to achieve competition and prevent monopoly, prepare monitoring studies on the competitive situation within the economic and service sectors, identify practices against competition and propose the necessary decisions to address them so that these data constitute a research reference in support of economic decision makers.
Monther Al Omari