THE MEMORANDUM OF COOPERATION WAS SIGNED BY THE ANTIMONOPOLY AUTHORITIES OF KAZAKHSTAN AND CHINA
The Memorandum of Cooperation between the Agency for the Protection and Development of Competition of the Republic of Kazakhstan (AZRC) and the State Administration for Market Regulation of the People's Republic of China (GURR) was signed by Chairman of the APDC Marat Omarov and Vice Minister of GURR Ms. Gan Lin.
The memorandum is aimed at strengthening bilateral cooperation between the antimonopoly authorities of Kazakhstan and China on topical issues in the field of competition law enforcement and competition policy.
According to APDC Chairman Marat Omarov, the Memorandum will strengthen cooperation and open up new opportunities for interaction.
"APDC continues to expand the horizons of cooperation with antimonopoly regulators of other countries. The agreement signed today will strengthen cooperation between the antimonopoly authorities of Kazakhstan and China in the field of competition and will be important for promoting the successful application of antimonopoly legislation and policy in order to effectively operate markets in our countries," said Marat Omarov, head of the APDC.
In turn, Ms. Gan Lin thanked the Kazakh side for the constructive dialogue and expressed hope for the establishment of closer partnerships between the departments, as well as the exchange of experience in the field of combating unfair competition.
Ms. Gan Lin elaborated on the experience of the Chinese side in the approaches of antitrust regulation of digital platforms. The Chinese government attaches great importance to the sustainable and healthy development of the digital economy and adheres to fair regulation in the antitrust supervision of digital platforms, including e-commerce (takeaway food, online games, etc.). As an example of antitrust regulation, the experience of the Alibaba Group Corporation was touched upon, as well as the preparation and publication of a special manual on the protection of labor and social rights of employees of digital platforms.
The heads of departments of the two countries also exchanged views on issues in the field of regulation of digital markets and platforms, as well as practices on ongoing investigations and cartels in the markets of China and Kazakhstan.
In conclusion, the parties also shared information about the planned international competition events in 2024, including for participation in international forums.
For reference:
The State Administration for Market Regulation of the People's Republic of China (GURR) is an administrative body represented by the Ministry, directly subordinate to the State Council of the People's Republic of China. The State Antimonopoly Administration is a part of the GURR, and is responsible for the development of competition in the Chinese markets and the regulation of antimonopoly legislation.