Who Owned Georgia English.pdf

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On September 12, 2011, JSC Adprojects took over all of LLCExpress shares 171 and on September 28, gave 70% of them tothe Ministry of Economy and Sustainable Development, whichin turn, awarded the management rights for the kiosks to theGeorgian Post on the next day 172 . JSC Adprojects remains a 30%minority shareholder 173 .This doesn’t mean, however, that the State has a monopolyon newsstand kiosks. The Georgian Young Lawyers Association(GYLA) reports that Outdoor.ge (Chikovani) owns 38 additionalbooths, while Studio Monitor reports that Magi Style has 50licenses for newspaper kiosks and that other booths are ownedby “Ori Tsuti Ltd.,” which was owned by Giorgi Rurua 174 , brotherto Nika, the ex-Minister of Culture and Monument Protection;Holding.ge, owned by Andro Gegenava, whose brother Archilis a UNM parliamentarian; and Eat and Go, 175 which Tbilisi CityCouncil members Irakli Shikhiashvili and Mikheil Qavtaradzeeach paid 32 GEL for 32% of its shares 176 . A number of newspaperkiosks are also owned by several independent publishers andsmall distributors, including the independent multi-mediacompany, Kviris Paltra.171 Public Registry. Ministry of Justice of Georgia, 12/09/2011 https://enreg.reestri.gov.ge/main.php?c=mortgage&m=get_output_by_id&scandoc_id=313519&app_id=360758 Accessed on 05/12/2012172 Public Registry. Ministry of Justice of Georgia, Accessed 05/10/2011173 Public Registry. Ministry of Justice of Georgia, 30/11/2012 https://enreg.reestri.gov.ge/main.php?c=mortgage&m=get_output_by_id&scandoc_id=478065&app_id=553472Accessed on 05/12/2012174 Public Registry. Ministry of Justice of Georgia https://enreg.reestri.gov.ge/main.php?c=app&m=view_doc&doc_id=75239 Accessed on 05/12/2012175 The Privileged Owners of Kiosks. Studio Monitor Report. September29, 2011. https://www.youtube.com/watch?v=AWffHeiZLro Accessedon11/09/2012.176 Ibid42
A GEORGIAN GASOLINE CARTELI pull into the gas station and tell a guy in a blue uniformto fill it up with premium, which will cost about 100 lari. Thestation is clean and tidy and I can pay with my bank card, even inthe west Georgian town of Samtredia. As he fills my tank, I recallthe private village “gas stations” of yestermonth across Georgia,where you’d find plastic Borjomi bottles full of petrol on a ricketytable in front of a random house. That, I always maintained,represented the essence of a truly free market.Before the Rose Revolution, dozens of companies operatedin the retail fuel market. We could buy decent gas, bad gas andblack market gas. After the Rose Revolution, the governmenteffectively eliminated the black market retailers as newcompanies emerged and began to consolidate their presence. Oneby one, independent gas stations were swallowed up by biggerfish. Now, only 5 suppliers operate on the Georgian market.For liberal economists, this is a textbook example of how a freemarket and open competition is supposed to work. The problemis that the fewer players there are in the market and the higherdegree of market concentration there is, the higher the likelihoodof cartel-type agreements and concerted practice there is. 177 Ifone liter of gasoline is 2.50 GEL at Gulf, you can bet it will prettymuch be the same price at Wissol, Lukoil, Rompetroland Socar.We live in a bubble here in Georgia. We grumble about therising prices of gasoline and suppose that it’s the way of the world,177 Limited number of economic agents operating on the relevant marketincreases the likelihood of anti-competitive behavior – collusive (cartel)agreements and concerted practice – due to the following reasons:1. Limited number of economic agents makes it relatively easy to reach anagreement on the terms of a collusive agreement;2. Limited number of the participants of a collusive agreement makes it easier tomonitor the terms of the agreement;3.When the number of economic agents increases, each of them gets a smallershare of the market. This increases the possibility of violating the terms of thecollusive agreement and getting a benefit, which makes it more difficult tofulfill the terms of the collusive agreement.Tirole J.; The Theory of Industrial Organization, 1988, MIT Press, MA.43
Page 5 and 6: INTRODUCTIONOne day shopping with m
Page 7 and 8: closely affiliated to Eduard Shevar
Page 10 and 11: news to the Autonomous Republic of
Page 12 and 13: If the authorities had wanted, they
Page 14 and 15: Tbilisi Mayor Gigi Ugulava, who was
Page 16 and 17: Kakhi Beqauri and Eldar Mdinaradze.
Page 18 and 19: oadcasting 39 but sold the frequenc
Page 20 and 21: He went on to say that later that d
Page 22 and 23: with Russia, which sent the nation
Page 24 and 25: Irakli Okruashvili case in Septembe
Page 26 and 27: them in the street. They took trans
Page 28 and 29: Maestro contends the dishes were pa
Page 30 and 31: In the meantime, Chikovani has rema
Page 32 and 33: General Media arrived in early 2011
Page 34 and 35: merger of the Caucasus Network, Geo
Page 36 and 37: In cases when the owner of a busine
Page 38 and 39: the shares and LLC Investico Allian
Page 40 and 41: 38WHO OWNED OUTDOOR ADVERTISING?Whe
Page 42 and 43: The latest Civil registry entry has
Page 46 and 47: ut we are only partly correct. The
Page 48 and 49: estaurants to confiscate documents
Page 50 and 51: Delta Holding, the football (soccer
Page 52 and 53: A PHARMACEUTICAL OLIGOPOLY“Why ar
Page 54 and 55: to construct manufacturing sites an
Page 56 and 57: A loan from the European Bank for R
Page 58 and 59: People’s Pharmacy, a small pharma
Page 60 and 61: the large import/distributors and r
Page 62 and 63: that the decrease could be their sh
Page 64 and 65: Kvadimax, Enozid H, Musitroli, Amta
Page 66 and 67: 64IT’S CALLED DEVELOPMENTIn 2002
Page 68 and 69: uling party leader in the region wa
Page 70 and 71: Federation. The Georgian prosecutor
Page 72 and 73: went to Argilstone Investment and 4
Page 74 and 75: (10%). 290 Like Lemise, Interplast
Page 76 and 77: then buying it back from that group
Page 78 and 79: elonged to Kapital Vostok, a Swiss
Page 80 and 81: a fantasy settlement just south of
Page 82 and 83: made quite a profit, as Sairme is i
Page 84 and 85: and the Tbilisi Development Fund, t
Page 86 and 87: land from the Fund along Aghmashene
Page 88 and 89: On December 24th, the economy minis
Page 90 and 91: had never been properly notified. 3
Page 92 and 93: In 2009, Stanton was renamed GeoPro
Page 94 and 95:
Tkibuli is a derelict post-Soviet i
Page 96 and 97:
POSTSCRIPTWhen Georgians went to th
Page 98 and 99:
While Rustavi 2 was passing through
Page 100 and 101:
On October 5, Maestro TV and Global
Page 102:
and further reasons why foreign inv
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