Georgian PM urges caution on price-fixing claims

Prime Minister Irakli Kobakhidze has said the government will avoid drawing premature conclusions on possible cartel agreements, stressing that relevant state bodies are already examining the issue and will act if violations are confirmed.

Speaking to journalists on Monday, Kobakhidze said investigations into potential price-fixing practices should be left to competent agencies, adding that any measures would be taken only once proper assessments are completed.

“We do not want to make hasty conclusions. There are institutions responsible for investigating cartel agreements and taking appropriate action where necessary. We must wait for the results of such inquiries,” he said.

Kobakhidze confirmed that a parliamentary commission will be established, calling it a decision of the legislature. However, he declined to comment on specific allegations of cartel behaviour at this stage. He said the government would also hear from domestic food producers, with a meeting planned to gather their views and information.

He claimed the government’s primary objective was to identify effective ways to reduce prices. “Our main task is to listen to everyone and, together, find as many ways as possible to lower prices,” he said.

Kobakhidze also addressed the prospect of public debates, saying the government supported open discussions provided they were conducted in a healthy and constructive format. He said the sole purpose of such debates should be to provide society with accurate information.

“These discussions must be substantive and issue-based. I am personally ready to take part,” he said, adding that constructive debate was the most effective way to reduce political polarisation in Georgia.

Separately, the prime minister announced that penalties imposed on energy companies will be written off without exception. He said fines would only be reinstated if a company failed to meet its obligations in the future.

“There will be no differentiation. Penalties will be cancelled for all energy companies equally, and restored only in cases of non-compliance,” Kobakhidze said.