GILS Antitrust Law: Kazakhstan

1. Is the mandatory merger control regime in force in Kazakhstan?

Yes, the mandatory merger control regime is in force in Kazakhstan.

2. Which authority is responsible for the merger control regime in Kazakhstan?

Agency for the Protection and Development of Competition of the Republic of Kazakhstan.

3. What is the definition of concentration?

The economic concentration is:

1. reorganisation of a market entity by merger or accession;
2. acquisition of more than 50% of voting shares in a legal entity;
3. obtaining ownership or use of fixed production assets located in Kazakhstan and/or intangible assets of a market entity, if the book value of the property that is the subject of the transaction exceeds 20% of the book value of fixed production assets and intangible assets of such market entity;