THE BRICS COMPETITION AUTHORITIES TO CONDUCT THE RESEARCH OF THE AUTOMOBILE MARKETS

Since August 2019, the BRICS Competition Authorities have been conducting the research of the competition issues in automobile markets within the existing automobile BRICS Working Group. The results of the research will be presented in the Report on the issues of competition in BRICS automobile markets.

The Report will provide a comparative analysis of the general characteristics of the automobile markets of the BRICS countries, as well as consider specific competition problems notable for the BRICS automobile markets as a whole and separately, and present possible solutions of the identified problems.

In addition, a separate part of the Report will be devoted to the development of the institution of self-regulation of the automobile industry in the BRICS countries, taking into account the successful experience of introducing the Codes of Good Practices for car manufacturers in Russia and South Africa.

The presentation of the Report by the BRICS Competition Authorities is planned to be held within the framework of the Seventh BRICS Competition Conference in September 2021 in the People's Republic of China.

The status of preparation will be discussed at the next meeting of the BRICS Working Group for Research of Competition Issues in the BRICS Automobile Markets.

On the basis of the Report, the BRICS Competition Authorities consider further possibility of developing Recommendations or Guides of the BRICS Competition Authorities for suppressing anticompetitive practices in the automobile sector and enhancing self-regulation of the automobile industry in the BRICS countries.