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Uzbekistan reveals numbers of companies with dominant position in market

Uzbekistan Materials 11 May 2021 13:15 (UTC +04:00)
Uzbekistan reveals numbers of companies with dominant position in market

BAKU, Azerbaijan, May 11

By Klavdiya Romakayeva - Trend:

Some 93 companies in Uzbekistan occupy a dominant position in the market for 107 types of goods and services as of May 1, Trend reports with reference to Antimonopoly Committee of Uzbekistan.

It is reported that the Antimonopoly Committee of Uzbekistan has updated the list of companies that occupy a dominant position in the commodity or financial market of Uzbekistan.

It is noted that the list contains companies with a state share, including Uzbekneftgaz JSC, Bukhara and Fergana refineries, Almalyk Mining and Metallurgical Combine, Navoiazot, UzAuto Motors, Uzmetkombinat, Uzbekistan Airways, Republican Commodity and Raw Materials Exchange, while private companies include Beeline, Uzcard, Khorezm sugar factory and others.

According to the information, the last time the Committee updated the list was in December 2020. Since then, the list has become one less company, but two more types of goods and services.

The companies that newly entered into the state register of enterprises are Kungrad Soda Plant LLC - the production of soda ash and Almalyk MMC JSC - the production of phosphate rock. The list was left by Bekabadcement - the production of cement and Navoi MMC JSC - the production of phosphate rock.

The committed noted that the dominant position is recognized as the position of a company or a group of persons whose product share in the relevant market is 50 percent or more, as well as in the range from 35 percent to 50 percent, if the company's share in the product market is stable for at least one year or there are no competitors with a share of goods over 20 percent.

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Follow the author on Twitter: @romakayeva

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