"APDC:" "SHUBARKOL COAL ""JSC SENT PRELIMINARY WARNING ON PREVENTION OF VIOLATION OF ANTIMONOPOLY LEGISLATION OF KAZAKHSTAN"

"APDC:" "SHUBARKOL COAL ""JSC SENT PRELIMINARY WARNING ON PREVENTION OF VIOLATION OF ANTIMONOPOLY LEGISLATION OF KAZAKHSTAN"

The agency of the Republic of Kazakhstan for the protection and development of competition (agency) previously reported that "Shubarkol coal" JSC* "Commodity Exchange" Modern Trading Solutions" JSC decided to define the Commodity Exchange as the organizer of trading in municipal coal of their own production.

However, for potential members of the Commodity Exchange" modern Trading Solutions" JSC, about млн 95 million was allocated. in connection with the establishment of a one-time entry fee in the amount of tenge, the agency sent a preliminary warning to JSC "Commodity Exchange" Modern Trading Solutions" on the inadmissibility of violation of the antimonopoly legislation of the Republic of Kazakhstan.

After consideration of the agency's preliminary notice, the amount of the one-time contribution is 20 million rubles.the amount of the entry fee on other commodity exchanges in the coal trading section varies from 150 thousand to 3.5 million tenge.

At the same time, in accordance with the previously valid tariffs of modern Trading Solutions Commodity Exchange JSC (until May 23, 2023), a one-time contribution for residents/non-residents is 500 thousand/1 million rubles. "no," he said.

It should be noted that buyers of municipal coal sold through commodity exchanges are regional coal operators, who subsequently sell coal to the population for personal use.

To date, SHUBARKOL coal JSC, together with modern Trading Solutions Commodity Exchange JSC, has approved the schedule of exchange trading on municipal coal with the supply of exchange goods in October 2023 from August 28 to September 1.

In this regard, the agency sent a preliminary warning to JSC "Shubarkol coal" on the inadmissibility of committing an act that may lead to a violation of the legislation of the Republic of Kazakhstan in the field of competition protection within the framework of the requirements of the entrepreneurial code of the Republic of Kazakhstan.

* the dominant share in the coal market for the needs of municipal consumers is about 35%