News
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)
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.
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.
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