MERGERS AND ACQUISITIONS. THE APPROVAL PROCEDURE IN THE GAS STATION
One of the activities of the Agency for the Protection and Development of Competition of the Republic of Kazakhstan is the regulation of economic concentration. This direction is necessary in order to prevent the emergence of a monopoly position and (or) limit competition in commodity markets. In such cases, the prior consent of the filling station is required for the implementation of transactions by market participants.
In an interview for the Atameken Business channel, Deputy Director of the Department of Economic Concentration and Control of State-owned Enterprises of the AZRK Amir Zhakupov and Managing Partner of the law firm "Zan Hub" Akylbek Kusainov told about what the approval of the antimonopoly authority is necessary for and what work is being done to optimize the coordination of transactions.
More details: https://youtu.be/AfVxXsesBxY