KAZAKHSTAN HAS NEW RULES FOR ASSESSING THE IMPACT ON COMPETITION

The Agency for the Protection and Development of Competition of the Republic of Kazakhstan informs that from August 26, 2023, the Rules for Assessing the Impact on Competition (hereinafter referred to as the Rules) have been put into effect.

The developed Rules are necessary to establish an assessment of the impact on competition in relation to regulatory legal acts necessary to regulate entrepreneurial activity.

Assessment of the impact on competition is one of the stages of regulatory impact analysis.

The Rules provide for a deadline, goals, as well as the main stages, procedures and requirements for conducting an assessment of the impact on competition.

According to the Rules, in order to assess the impact on competition, the developer body sends the AZRC a draft of the relevant regulatory legal act with general information attached.

The period for conducting an impact assessment on competition is fifteen working days, if it is necessary to conduct an in-depth assessment of the impact on competition, this period may be extended no more than once and for a period of fifteen working days.

The objectives of the competition impact assessment are:

1) prevention of restriction or elimination of competition;

2) improving the efficiency of the functioning of commodity markets;

3) restriction of state participation in business activities;

4) reduction of excessive government regulation.

The Order of the Agency for the Protection and Development of Competition of the Republic of Kazakhstan dated August 10, 2023 No. 198/NK entered into force on August 26, 2023.

More information about the Rules can be found at the link: https://www.gov.kz/memleket/entities/zk/documents/details/512375 ?lang=ru ,  https://zan.gov.kz/client/#!/doc/184950/rus