Tuesday, 02 January 2024 12:17 GMT

Uzbekistan, World Bank Review Antitrust Framework For Digital Platforms


(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 3. Uzbekistan's Competition Promotion and Consumer Protection Committee convened a roundtable discussion on antitrust regulation in the digital economy, bringing together representatives of domestic, foreign and global digital platforms, as well as experts from the World Bank, Trend reports via the committee.

The event, titled“Antitrust Regulation of Digital Platform Operators: International Experience, Trends and Recommendations for the Republic of Uzbekistan,” focused on emerging approaches to regulating digital markets and strengthening competition in the country's rapidly expanding digital economy.

Opening the discussion, Deputy Chairman of the Committee F. Karabayev outlined the theoretical, legal and institutional foundations of antitrust oversight for digital platforms. He reviewed international regulatory practices, current global trends and prospects for further improving Uzbekistan's competitive environment as digital markets continue to grow.

A keynote presentation was delivered by Alexey Ivanov, Director of the BRICS Competition Law and Policy Center and a World Bank expert. Ivanov examined recent developments in legislation governing digital platforms, highlighted new regulatory approaches emerging internationally and discussed their role in maintaining fair competition across digital markets.

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Trend News Agency

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