NEW LAW OF THE REPUBLIC OF UZBEKISTAN “ON COMPETITION” No. LRU-850
Consequences of violation of competition law
Additional information on case of international digital platform “Zoodpay”.
On July 3, 2023, the Competition Promotion and Consumer Protection Committee of the Republic of Uzbekistan received an appeal from ZOODUZ HOLDING LIMITED to obtain the preliminary consent of the antimonopoly authority for acquisition of 99.99 percent of the share capital of ORIENTSWISS TASHKENT LLC, application was submitted through portal of state services online. During…
ACTIVITIES OF DIGITAL PLATFORMS ARE UNDER CONTROL
Yesterday, information appeared on social networks that company “Yandex” launched a taxi price tracking function in the Yandex Go application. The price tracking function launched in the Yandex Go application allows customer-users (passengers) to monitor level of demand and avoid traffic jams, better plan their trips. The Committee supports launch of this feature. Earlier, the…
CASE HAS BEEN INITIATED AGAINST THE INTERNATIONAL DIGITAL PLATFORM ZOODPAY
The Competition Promotion and Consumer Protection Committee of the Republic of Uzbekistan initiated a case on fact of concluding an agreement with Zooduz Holding Limited, registered in the United Arab Emirates, for sale and purchase of a 99.99 percent stake in authorized capital of JV Orientswiss Tashkent LLC, which is the founder of a microcredit…
The Decree of the President of the Republic of Uzbekistan No. UP-108 dated July 6, 2023 “On measures for the effective organization of public administration in the field of competition development and consumer protection within the framework of administrative reform”.
The Decree of the President of the Republic of Uzbekistan No. UP-108 dated July 6, 2023 “On measures for the effective organization of public administration in the field of competition development and consumer protection within the framework of administrative reform”. According to decree, some functions of the Competition committee are assigned to private sector.
NEW LAW OF THE REPUBLIC OF UZBEKISTAN “ON COMPETITION” No. LRU-850
The main directions of state policy in the field of competition