EEC told about price control in EEU

The event is organized by "Center for development and protection of competition" JSC jointly with "Eurasian Analytical Agency Expert" LLP with the support of the Eurasian Economic Union, "Market and Competition" magazine writes. Deputy director of the department for competition policy and policy the policy in the sphere of procurement of the EEC Dauren Zhandarbek told the participants of the seminar about the competition policy in the context of the agreement on the EEU, in particular, about the common principles and rules of the completion and about the introduction of the state regulation of prices for the goods and services in the territory of the member-states of the EEU. "Introduction of the state regulation policy over the prices on the markets of the EEU member states is held in extremely rare situations, for example, emergencies, disasters, national security. It is also done in case of a lack of mechanisms to solve the problem in a different way. Besides, the member states of the union may introduce state regulation of prices for some types of socially important products on some territories up to 90 days during one year total. The terms of the regulation may be extended if approved by the Commission," he noted.