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The 43rd meeting of the staff on joint elimination of cases of violations of antimonopoly legislation of the CIS countries has begun.

The event was opened by Farrukh Karabayev, Deputy Chairman of the Competition Commission, with an introductory speech.The participants discuss the main measures to prevent competition law violations in the CIS countries.The issues of increasing the transparency of trading platforms and introducing antitrust compliance systems are also discussed.Delegations from each country share their experience in implementing these measures.

29 November 2024 223

The 57th meeting of the Council on Interstate Competition Policy has begun

The agenda includes consideration of the report on the implementation of the decisions of the previous meeting, the main directions of the competition policy in the member states of the Commonwealth of Independent States, as well as prevention of offences. The meeting was opened by the Chairman of the Council Maxim Shaskolsky and Chairman of the Committee of the Republic of Uzbekistan on Development of Competition and Consumer Protection Khalilillo Turakhujaev. The Chairman in his speech emphasised: "Competition policy has an ancient history, having been formed in the times of ancient Rome to ensure fair trade. Today, we need to improve antitrust mechanisms and deepen international co-operation to meet the needs of digital technologies. ‘This will contribute to economic growth and improve the well-being of our people.’ Presentations will be made by representatives of CIS countries. The meeting will contribute to strengthening legal and economic ties in the region.

29 November 2024 245

Tesla misses Q3 delivery expectations amid tough competitio

Growing consumer interest in hybrids rather than EVs, a lack of European subsidies and strong competition in China have served to depress Tesla's deliveries as Chinese automakers such as BYD and Xpeng aggressively expand their presence in the world's largest auto market, receiving subsidies from local governments. Tesla delivered fewer cars in the third quarter of this year than analysts had expected as fierce competition in China and Europe hit demand for its aging models, leaving the electric car maker at risk of cutting its annual deliveries for the first time in its history. Tesla reported deliveries rose 6.4% to 462,890 vehicles in the July-September quarter, marking its first quarterly growth this year. However, the figure fell short of analysts' expectations. The lowered expectations may reflect difficulty in meeting overall 2024 delivery targets and the prospects for sustained growth beyond the current lineup.

2 October 2024 237
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