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Publication date: 21.05.2024
The Antimonopoly Committee of Ukraine emphasized the importance of competition in the field of land valuation
The Antimonopoly Committee of Ukraine (AMCU) has adopted advisory clarifications aimed at defining approaches to determining the subject of valuation activity in the field of land valuation, in particular for carrying out expert monetary valuation of land plots that are in communal ownership.
Basic Principles and Approaches to Determining Subjects of Evaluation Activity
These recommendations describe in detail the actions that can be recognized as anti-competitive and the approaches that are recommended for local self-government bodies. Local self-government bodies have a great responsibility in determining the subjects of valuation activity, as this may affect the market for providing services for expert monetary valuation of land plots.
One of the main principles that AMCU emphasized in its recommendations is the need to promote the development of competition. According to the committee, the determination of the subject of evaluation activity on a non-competitive basis may limit the rights of entrepreneurs and become an obstacle to the entry of new participants into the market. Such actions may contain signs of violation of the legislation on the protection of economic competition.
In its recommendations, the AMCU drew attention to the need to comply with legislation on the protection of economic competition and provided relevant recommendations regarding the use of anti-competitive practices in the field of land valuation. This is important to ensure a level playing field for all market participants and to facilitate the efficient functioning of the valuation sector.In general, the recommendations adopted by the Antimonopoly Committee of Ukraine reflect the obligations of local self-government bodies to create conditions for the development of competition in the field of land valuation and support equal conditions for all market participants.
Responsibility of Local Self-Government Bodies
The actions of local self-government bodies have a significant impact on the competitiveness of the land valuation market. Determining the subjects of evaluation activity on a competitive basis is an important step in ensuring fair and transparent competition. This not only promotes business development and innovation, but also ensures optimal use of land resources and protects the interests of citizens.
One of the key aspects that AMCU takes into account in its recommendations is the need to ensure transparency and objectivity in determining subjects of assessment activities. This means that the decision to choose a subject of evaluation activity must be justified, and the relevant selection procedures and criteria must be known and available to all market participants. You may be interested in the following articles: lawyer's consultation, lawyer's consultation, document analysis, legal analysis situations, written consultation, verification of documents by a lawyer, lawyers documents, lawyer's help online, lawyer online, legal opinion, lawyer's legal opinion, lawyer online.
Valuation of Land Plots
In addition, AMCU emphasizes the importance of openness and transparency in the process of expert monetary valuation of land plots.This means that all interested parties should be able to access information about the evaluation process, including the evaluation criteria, costing methodology, and information about the entities performing the evaluation activity.
It is also necessary to pay attention to the importance of promoting the development of small and medium-sized enterprises in the field of land valuation. Providing market access for new entrants and supporting their development helps create a competitive environment and promotes innovation in the industry.
Conclusions
Ultimately, the recommendations adopted by the Antimonopoly Committee of Ukraine are an important step in ensuring fair and transparent competition in the field of land valuation. This will create favorable conditions for business development, protection of citizens' interests and optimal use of land resources.
