KazaKhstan

Aequitas

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KAZAKHSTAN KAZAKHSTAN KAZAKHSTAN KAZAKHSTAN

47 Abai Avenue, Office 2

Almaty, 050000

Tel: +7 (727) 396-8968

Fax: +7 (727) 396-8990

2 Zheltoksan, Office 19

Astana, 010000

Tel/Fax: +7 (7172) 323-778

27 Momysh-Uly Str., Office 8

Atyrau, 060000

Tel/Fax: +7 (7122) 586-110

www.aequitas.kz

 

5. Basic trends in the development of antitrust laws in 2011-2012

Basic trends in the development of antimonopoly policy and improvement of the antitrust legislation of the Republic of Kazakhstan are set forth in the Program for Development of Competition in the Republic of Kazakhstan for 2010-2014 and in the Strategic Plan of the Agency of the Republic of Kazakhstan for Competition Protection for 2010-2014. The following is defined as the long-term objectives: creation of competitive markets, demonopolization of certain commodity markets, improvement of competition development tools, including improvement of the antitrust legislation.

The plans include improvement of procedural rules with a view to eliminate the deficiency of the Agency's powers in relation to investigation and review of cases, as well as reduce the duration of procedures for antitrust response measures application.

It is also planned to revise and expand the list of the types of unfair competition and to provide clearer definitions of the "market entity" and "group of persons" concepts.

AEQUITAS law firm maintains regular contacts with the Agency representatives on the issues of clarifying the interpretation of antitrust legislation to work out and present recommendations on elimination of legislative gaps, and participates in the events organized by the Agency. The firm's lawyers are members of the Non-Profit Partnership "Assistance to Development of Competition in the CIS Countries" set up based on the FAS resolution, which allows AEQUITAS to stay updated on the developments in the antitrust sphere in the near and far abroad countries.