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Attracting PayPal, Google Pay and Apple Pay to Uzbekistan
M/A in the energy sector
A roundtable discussion was held on the topic of anti-corruption compliance.
Tenders worth 7.2 billion soums were canceled voluntarily
Grain processing company has been prosecuted for violation of the law
According to the relevant order of the Territorial Department of the Competition Committee of the Khorezm Region, the grain processing enterprise is subject to the provisions of Annex 2 to the Law of the Republic of Uzbekistan ‘On Competition’ and Cabinet of Ministers Decree No. 170 of 18 March 2020 and Annex 2 to the Law of the Republic of Uzbekistan ‘On Competition’ and Cabinet of Ministers Decree No. 170 of 18 March 2020 during the period of its activity in 2022-2023 and until 1 October 2024. Examination and verification of compliance with the requirements of the Regulations and other regulatory documents governing activities in the industry approved by Resolution No. 722 of 29 December 2010 (Annex 1 to Resolution No. 239 of 29 October 2010) were carried out. 28, 2010). In the course of the investigation it was established that the enterprise according to the approved schedule for May 2024 placed wheat flour products on the exchange in the amount less than the established volumes, and in 3 cases (mixed fodder 9 tons and wheat 10 tons) flour products), the volumes of products under cancelled transactions were not placed on the exchange again. The circumstances were identified and it was established that the requirements of the Provision of the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan from 27.07.2014 № 170were not complied with. On 18 March 2020were not fulfilled. In addition, during the inspection of the sale by the enterprise of seed wheat released to grain farms at approved prices, it was found that the price of seed wheat is set in excessive amounts, which is a violation of the requirements of the approved Regulation. Decree of the Cabinet of Ministers of the Republic of Uzbekistan from 28 October 2010 № 239, which comes into force from 2023. Based on the above, the grain processing enterprise in accordance with Article 29 of the Law ‘On Competition’ and paragraphs 6, 7, 311 of the Regulations approved by the Cabinet of Ministers Decree No. 170 of 18 March 2020 and 28 October 2010 No. 239. Violations of the requirements of paragraph 36 of the Regulations (in force at the time of the violation), approved by Annex 1 to the decision, were established. The special commission of the regional department initiated a case against the company in accordance with the established procedure, based on the results of the consideration of which a decision was made to impose a material penalty. Instructions were also given to eliminate the violation and prevent its recurrence.
The 43rd meeting of the staff on the joint elimination of cases of violations of the requirements of the antimonopoly legislation of the member states of the Commonwealth of Independent States (CIS)
Today, the 43rd meeting of the Headquarters for the Joint Elimination of Violations of Antimonopoly Legislation of the Member States of the Commonwealth of Independent States (CIS) will be held in Samarkand. Delegations from Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan are taking part in it. Important topics on the agenda are aimed at preventing anticompetitive agreements, regulating prices, and introducing modern mechanisms for protecting consumer rights.
Appropriate measures were taken against Payariq claster LLC for manipulation
In accordance with the Regulation ‘On the procedure for the sale of highly liquid and monopolistically demanded products at exchange trading’, approved by the Cabinet of Ministers of the Republic of Uzbekistan on 18 March 2020 № 170, the Antimonopoly Agency is obliged to regularly monitor exchange prices. As a result of monitoring conducted by the Samarkand Regional Department of the Competition Committee, it was found that "PAYARIQ CLASTER ’ LLC sold 259.1 tonnes of cotton oil, 890.5 tonnes of cotton meal and 418.9 tonnes of cotton husk in 2022, and 2,250.0 tonnes of technical seed products in 2023 under direct contracts. Also, as a result of direct sale of cotton oil, cotton meal and cotton husk products obtained from cotton harvesting by the cluster enterprises in 2022-2023 without placing them on the exchange, the total volume of these products increased by 1.9 billion soums as a result of higher application of prices for the products compared to the average exchange quotation prices formed on the exchange. Some discrepancies were revealed. In connection with the above-mentioned circumstances, the Special Commission of Samarkand Regional Administration initiated a case against ‘PAYARIQ CLASTER “ LLC on the grounds of violation of the requirements of the Regulations approved by Article 29 of the Law ”On Competition’ and Resolution of the Cabinet of Ministers No. 170, and in accordance with the established procedure, appropriate sanctions were taken. At the same time, a binding order was issued to eliminate the violation and prevent it in the future.
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