A WARNING WAS SENT TO THE ORGANIZER OF MUNICIPAL COAL TRADING ON THE INADMISSIBILITY OF VIOLATION OF THE ANTIMONOPOLY LEGISLATION OF THE REPUBLIC OF KAZAKHSTAN

According to the Eurasian Group (ERG) of shubarkol coal JSC (the share of dominance in the market for selling coal for the needs of municipal consumers is about 35%), it was decided to conduct exchange trading in municipal coal on the Commodity Exchange of modern Trading Solutions JSC.

In turn, as can be seen from the data posted on the official internet resource of Commodity Exchange Modern Trading Solutions JSC, a one-time entry fee (non-refundable, paid in a lump sum) for residents/non-residents of the exchange members (brokers, dealers) is equal to 4% of the authorized capital of the exchange for the corresponding financial year, which is about млн 95 million to date. "no," he said.

Considering that buyers of municipal coal sold through commodity exchanges are regional coal operators who subsequently sell coal to the population for personal use, the agency is concerned about the high cost of accreditation at the Commodity Exchange of JSC "Commodity Exchange" Modern Trading Solutions".

In this regard, the agency sent a preliminary warning to JSC "Commodity Exchange" Modern Trading Solutions" on preventing violations of the legislation of the Republic of Kazakhstan in the field of competition protection.

Earlier, the Department of the agency for the city of Astana appointed an investigation on the signs of setting monopolistically high prices of the object of Investigation, which occupies a dominant position in the market for the provision of electronic platforms for the sale of municipal coal, based on the request of the regional coal operator regarding the high cost of accreditation at the Commodity Exchange of JSC "Commodity Exchange" Astana", which from 2021 to 2023