The Specialized Administrative Court of Kazakhstan fines two major regional cement producers for tacit collusion (Semei Cement Plant / Bukhtarma cement company)

The regional division of the Antimonopoly agency – the Antimonopoly inspection of the East Kazakhstan oblast (‘Inspection’) conducted an investigation over the main competitors in the regional cement market, "Semei Cement Plant" LLC (‘LLC’) and "Bukhtarma cement company" JSC (‘JSC’), whose main activities are the manufacture and sale of cement and other binders and building materials. These subjects are included in the State Register, as market entities having dominant position in the cement market within the boundaries of the East Kazakhstan oblast with a joint market share of above 50%. Agency established a parallel increase in the wholesale price of the cement (particularly, of the brand PTS400P20) undertaken by two entities within the period of three months as required by law, however

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Authors

  • Center for Development and Protection of Competition Policy (Astana)
  • Ernst & Young (Astana)

Quotation

Aldash Aitzhanov, Anara Batyrbayeva, The Specialized Administrative Court of Kazakhstan fines two major regional cement producers for tacit collusion (Semei Cement Plant / Bukhtarma cement company), 9 January 2013, e-Competitions January 2013, Art. N° 53112

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