THE ANTIMONOPOLY DEPARTMENT FOR THE KYZYLORDA REGION HAS REVEALED SIGNS OF AN UNJUSTIFIED INCREASE IN THE PRICES OF LIQUEFIED PETROLEUM GAS AT THE GAS STATION

The Department of the Agency for the Protection and Development of Competition of the Republic of Kazakhstan for the Kyzylorda region analyzed the commodity market of retail sales of liquefied petroleum gas for refueling vehicles in the region for January-June 2021.

During the analysis, it was found that from January to June 2021, Avtogaz Trade LLP, Kyzylorda-Gas LLP, Auto Gas Station LLP, Galaxy Oil LLP, Turangaz LLP, Aral Gas LLP, Invadam AF LLP, Kyzylorda Munai Onimderi LLP, Baikonyrgaz LLP and Asia Ontustik Prom LLP carried out retail sales of liquefied petroleum gas oil gas for refueling vehicles in the Kyzylorda region (in the context of the city and districts) with the simultaneous maintenance of prices for liquefied petroleum gas.

The actions of these market participants revealed signs of anticompetitive coordinated actions in the retail market of liquefied petroleum gas for refueling vehicles for the specified period.

Based on the revealed facts, the Department issued 8 notifications on taking measures to eliminate violations of competition legislation, in particular, the termination of coordinated actions to establish and maintain prices for liquefied petroleum gas by lowering prices. Letters were also sent to the departments of the Agency for Nur-Sultan and Shymkent on making notifications to 2 market entities registered in these regions. In case of non-fulfillment of notifications within a 30-day period, investigations will be initiated against these market participants.

photo from open sources