The main directions of the state policy in the field of competition are determined:

– protection of competition, prevention and suppression of anti-competitive actions, taking into account the rights of consumers; – development of competitive environment, creation of conditions for the effective functioning of commodity and financial markets; – ensuring the freedom of economic activity of participants in commodity and financial markets, as well as the free movement of…

General RULES SET FORTH IN NEW EDITION OF THE LAW OF THE REPUBLIC OF UZBEKISTAN “ON COMPETITION” No. 850:

Concepts such as “digital platform”, “state-owned enterprise”, “affiliated persons of enterprises with state participation” are introduced: The current law does not specify prohibitions on the actions of digital platform operators that restrict competition and discriminate against the interests of consumers, and requirements for state participation in business activities. The basic principles in the field of…

THE LAW “ON COMPETITION” NO. LRU-850 IN NEW EDITION WAS SIGNED BY THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN ON JULY 3, 2023

The new version of the Law consists of 9 chapters and 49 articles. Numerous experts and specialists of the responsible institutions participated in the development of the law. In total, 38 recommendations of experts from international financial institutions (including 26 recommendations of the World Bank, 11 recommendations of the European Bank for Reconstruction and Development,…