News
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
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.
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.
Help line
Do you have any statements, complaints or suggestions? Contact Us via our helpline