Antitrust Advisory takes part in developing the first comprehensive antitrust compliance policies in the Republic of Kazakhstan
13.05.2024
Antitrust Advisory, together with Erlicon CG, a Kazakhstani consulting company, have developed antitrust compliance policies for two major oil companies of the Republic of Kazakhstan: KazMunayGas Oil Company JSC and PETROSUN LLP. Development of the antitrust compliance policies was motivated by the Rules on Equal Access to Key Capacity in the Republic of Kazakhstan, which entered into force in September 2022, and the emergence in August 2023 of specifics of providing equal access to key capacity in markets for primary wholesale of certain types of petroleum products.
A key feature of the antitrust compliance policies is that they also include detailed trade and sales policies, which was the first experience of its kind in the Republic of Kazakhstan.
Antitrust Advisory’s legal and economic practice groups worked together on the project. Partner Alexander Egorushkin and Head of the Economics Practice Anastasia Shastitko led the work.