Overview of Antitrust Regulation

Antimonopoly Committee is in charge for actions to prevent establishment of monopolies. Antimonopoly Committee generally observes the market conditions and considers applications from business and authorities regarding the monopolistic state. If a company holds more than 35% of local market of goods, the Antimonopoly Committee includes the company into the list of monopolists. Monopolies have to coordinate their prices and tariffs with the Ministry of Finance.

Competition Law prohibits and declares null and void any agreement concluded between competing (or potentially competing) business entities that have an aggregate 35% and more share of the market of appropriate goods, if such agreement caused or may cause restraining of the competition, including any agreements (coordinated actions) aiming at:

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Overview of Antitrust Regulation

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All payments currently accepted via bank transfers only. Please complete a form below to receive an Agreement for our product and invoice.