Competition Authority: You're complaining to us, but we have no warrant to deal with prices.

The Kosovo Competition Authority (AKK) has clarified that they have no mandate to regulate the prices of any product or service. The clarification came that recently in the AKK complaints have been addressed concerning the price raising of products.

However, after circumstances created at the prices of certain products, The AKK says it has intensified monitoring of markets to ensure that companies are not violating the Competition Law through practices mentioned above

The AKK has clarified its role.

The last “, at the Kosovar Competition Authority (AKK), complaints about the price of certain products on the Kosovo market have been addressed. For this reason, through this statement to the media, we explain that the AKK, as is the case with any other institution for the protection of competition in the region and in the countries of the European Union, has no mandate to regulate the prices of any product or service. The basic mandate of the AKK is to protect free competition as a precondition for sustainable economic development, and that means that the AKK acts when violated, hampered or distorted competition in the market. More specifically, the Competition Authority can react to those cases when companies act co-ordinatedly (so if such an action is the result of their explosive agreement, through the form of the banned cartel or their conduct on the market recently co-ordinated practice). Also, The AKK can also react to companies that are dominant in the market and who misuse this” position, the AKK's response said.

AKK reportedly intensified monitoring markets to ensure that companies are not violating the Competition Protection Law through the practices mentioned above. In addition, the AKK is continuing to arrive through various forms to increase the awareness of market operators for the Law for the Protection of Competition”.