MEETING OF HEADS OF ANTIMONOPOLY AGENCIES HELD IN BUDAPEST

On March 26 of this year, First Deputy Chairman of the agency for protection and development of competition of the Republic of Kazakhstan Rustam Akhmetov took part as a speaker in the annual meeting of heads of antimonopoly departments organized by the Regional Center for competition of the OECD in Budapest (Republic of Hungary).

With the participation of Chairman of the OECD Competition Committee Frederick Jenny, representative of the European Court of Justice Maria Rantou and professor of the business school Madrid Francisco Marcos, the heads of antimonopoly agencies discussed topical issues of interaction of antimonopoly authorities with the judicial system and monitoring of mergers in the European Union and Central Asian countries.

Rustam Akhmetov shared Kazakhstan's experience in regulating economic concentration, expanding control over transactions between the state and private market entities and transactions of monopolies for the acquisition of assets in mixed markets.

In addition, Rustam Akhmetov proposed to discuss the experience of antimonopoly regulators on the development of competition and the removal of the economy of the European Union and Central Asian countries from monopolization at the next meetings of the heads of competition departments.

The event was attended by Ambassador of the Republic of Kazakhstan to Hungary Zhanibek Abdrashov.

(Link: https://www.gov.kz/memleket/entities/mfabudapest/press/news/details/734551?lang=kk )