Kyrgyzstan

Kalikova & Associates

"The leader in the market and the first choice for international companies and law firms that do not have a local presence"

Chambers Global

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Moldova Moldova Moldova Moldova

71, Erkindik blv.

Bishkek

Tel.: +996 (312) 666-060

Fax: +996 (312) 662-788

www.k-a.kg

 

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

Basic trends in the development of antimonopoly laws of the Kyrgyz Republic are generally related to strengthening the powers of the Antimonopoly Agency. Such developments are particularly important because of rising food prices. For instance, it has been proposed that the Antimonopoly Agency is given powers to regulate the prices for flour, bread, sugar, vegetable oil, rice, tea, cement, coal, the most important drugs, fuels and lubricants.

The Antimonopoly Agency requires additional powers to control the implementation of antimonopoly laws, including powers to conduct criminal investigation, initiate unexpected inspections and obtain printouts of telephone conversations.

Moreover, currently the Government of the Kyrgyz Republic is preparing a new law On Competition that is to give the Antimonopoly Agency a right to reduce the market share of companies from 25% to 10%.

Kalikova and Associates Law Firm has, and effectively maintains, regular communication with the Antimonopoly Agency on various issues of Kyrgyz antimonopoly policy, including the interpretation of antimonopoly laws, giving comments on the draft legislation and industry reports, participating in the events organized by the Antimonopoly Agency. Kalikova and Associates provided, critical organizational support to the creation of Non-Profit Partnership "Assistance to Development of Competition in CIS Countries", the association of economists and lawyers supporting the development of competition in CIS. The association was originally formed in Bishkek in 2009 at the initiative of the Interstate Council of Antimonopoly Policy. The Firm's lawyers, being the members of the association, participate in various initiatives of the association which allow K&A to stay aware of all current developments in the antimonopoly laws and policy in CIS countries.