The Georgian Competition and Consumer Agency (GCCA) has identified three cases of unlawful concentration implemented without mandatory prior notification in the fourth quarter of 2025, breaching the Law of Georgia on Competition.
As a result, the undertakings involved were fined a combined total of GEL 70,000. In addition to financial penalties, the Agency instructed the parties to formally submit the required concentration notifications for review.
Two of the violations involved the same undertaking. The cases concerned LLC ‘ITN,’ which acquired 20% ownership stakes in both LLC ‘Horeca Delivery’ and LLC ‘Gastronom Georgia’ without notifying the competition authority in advance. The third case involved the acquisition by the non-entrepreneurial legal entity New Vision University of a 40% stake in LLC Mtskheta Medical Center which currently operates as ‘New Vision University Hospital–Mtskheta.’
Under Georgian competition law, concentrations must be notified to the GCCA if the combined turnover of all participants in Georgia exceeds GEL 20 million and at least two parties each have turnover above GEL 5 million in the previous financial year. Failure to notify the Agency before implementation, or proceeding despite a negative assessment, constitutes an infringement and is subject to fines. The fee for reviewing a merger or acquisition notification is set at GEL 5,000.
In total, the GCCA cleared 18 concentration transactions during 2025 while the review of one additional notification remains ongoing.
