Antitrust and competition law - Antimonopoly legislation encompasses a complex set of laws designed to restrict organizations from engaging in monopolistic practices. These laws aim to prevent market segmentation, artificial price maintenance, fictitious mergers aimed at concealing profits, and more.
In Uzbekistan, the primary law governing antitrust and competition is the Law of the Republic of Uzbekistan No. ZRU-319, dated January 6, 2012, titled "On Competition" (Adopted by the Legislative Chamber on 14.11.2011, approved by the Senate on 05.12.2011). Other relevant laws include the Law of the Republic of Uzbekistan No. 398-I, dated 24.04.1997, titled "On Natural Monopolies" (New version, approved by the Law of the Republic of Uzbekistan dated 19.08.1999 No. 815-I) and the Law of the Republic of Uzbekistan No. 221-I, dated 26.04.1996, titled "On the Protection of Consumer Rights."
Additionally, numerous legislative acts have been enacted by the government and its departments based on the aforementioned laws. At Virtus Leo, we have extensive experience in this field and our specialists are well-equipped to provide expert legal assistance in resolving issues related to antitrust and competition law for companies.