Threshold for purposes of “Economic Concentration” under Kazakhstan’s Competition Law has increased to over 50%

June 05, 2015

The Law of the Republic of Kazakhstan “On Competition” #112-IV dated December 25, 2008 (“Competition Law”) was significantly amended effective 18 May 2015.

The Competition Law provides that prior consent of Kazakhstan’s Antimonopoly Authority is required for certain transactions involving “economic concentration”. The original threshold for triggering economic concentration was the acquisition by an entity (or group of entities) of more than 25% of the equity interest of another entity. The amended Article 50.1.2 of the Competition Law now raises that threshold to more than 50% of the equity interest of another entity.

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