LAW OF THE KYRGYZ REPUBLIC

of May 21, 2026 No. 72

About the competition

Accepted by Jogorku Kenesh of the Kyrgyz Republic on April 23, 2026

Article 1. Antitrust law of the Kyrgyz Republic

1. This Law determines the organizational and legal basis of protection and development of the competition and is directed to the prevention, restriction, suppression of monopolistic activities and unfair competition, and also to providing conditions for effective functioning of the markets in the Kyrgyz Republic.

2. The antitrust law of the Kyrgyz Republic (further - the antitrust law) is based on the Constitution of the Kyrgyz Republic, international treaties which became effective in the procedure established by the legislation which participant is the Kyrgyz Republic, and consists of this Law and other regulatory legal acts of the Kyrgyz Republic.

Article 2. Coverage of this Law

1. This Law acts on all territory of the Kyrgyz Republic and extends to the relations connected with protection and development of the competition in which any physical persons and legal entities, including foreign legal entities, state bodies and local government bodies participate.

2. Application of the antitrust law to business entities is performed equally and equally irrespective of form of business and place of registration of such business entities.

3. Provisions of this Law are applied to the agreements between domestic and (or) foreign persons or the organizations reached outside the territory of the Kyrgyz Republic, and also the actions made by them if such agreements or actions exert impact on competitive situation in the territory of the Kyrgyz Republic. Such violations are considered by antimonopoly authority by the conclusion of bilateral agreements within work with the international organizations, and also different ways of interaction.

4. Regulations of this Law do not extend to the relations settled by general competition rules in the cross-border markets, control of which observance is in competence of the Eurasian economic commission according to the legislation of the Kyrgyz Republic.

Article 3. State policy in the field of the competition

1. The main directions of state policy in the field of the competition are developed by the Cabinet of Ministers of the Kyrgyz Republic (further - the Cabinet of Ministers).

2. Anti-monopoly regulation in the market of banking services and services of other persons under surveillance to National Bank of the Kyrgyz Republic of the organizations is performed by National Bank of the Kyrgyz Republic according to this Law, the laws of the Kyrgyz Republic and regulatory legal acts of National Bank of the Kyrgyz Republic obligatory for execution by commercial banks and other legal entities, persons under surveillance for National Bank of the Kyrgyz Republic.

3. The Cabinet of Ministers provides information openness of the state policy in the field of the competition, including by means of placement of information on activities of authorized bodies in mass media and the Internet.

Article 4. The basic concepts used in this Law

In this Law the following concepts are used:

1) the affiliate - any physical person or legal entity which directly or indirectly can influence the made decisions of other physical person or legal entity in force:

- the signed agreement;

- ownerships of the large block of shares (share);

- the fact that it is official of the legal entity;

- that physical person or legal entity concerning which other physical person or legal entity can exercise control on the above-stated bases;

2) the vertical agreement - the agreement between business entities, one of whom acquires goods or is his potential acquirer, and another provides goods or is his potential seller;

3) interchangeable goods - the group of goods which can be comparable on their functional purpose, application, quality and technical characteristics to the price and other parameters in such a way that the buyer really replaces or can replace one goods with another in the course of consumption (production);

4) horizontal agreements - agreements between the business entities performing sales of goods in one goods market or purchase of goods in one goods market;

5) the state or municipal preferences - provision by the Cabinet of Ministers or representative bodies of local self-government to certain business entities of benefits which provide them more advantageous conditions of activities, by transfer of the state-owned or municipal property, other objects of the civil laws or provision of property privileges, state or municipal guarantees;

6) discrimination or exclusive conditions - conditions of access to the market, conditions of production, exchange, consumption, acquisition, sale, other transfer of goods in case of which the business entity or several business entities are put in unequal position in comparison with other business entity (subjects);

7) shipping conference - merging of business entities of one industry in which obligatory conditions on production volume, the prices, share for all participants in the market and other conditions are established. The business entities entering the cartel agreement keep the legal and economic independence;

8) the compensating strength of the buyer - capability of the buyer to exert impact on the prices and sales terms of goods or services, that is availability at the buyer of opportunity to pass to competitors, in the presence of more profitable at the price and goods quality or services;

9) the competition - free competitiveness of business entities in the market when their independent actions limit possibility of each of them unilaterally to influence general terms of the goods circulation in the corresponding market and stimulate production of the goods which are required to the consumer;

10) the partner - the agreement party, the partner who resists to other participant of the transaction;

11) coordination of economic activity - approval of actions of business entities by the third party who is not entering one group of persons with one of such business entities and not performing activities in that goods market (goods markets) in which approval of actions of business entities is performed. Are not coordination of economic activity of action of business entities, performed within vertical agreements;

12) monopoly - the market situation determined by the exclusive right (opportunity) of production, acquisition, trade, exchange belonging to one person, group of persons or the state;

13) monopolistic activities - abuse of business entity (group of persons) of the dominant position, the agreements or coordinated actions contradicting the antitrust law, action (failure to act) of business entities (group of persons), state bodies and local government bodies directed to non-admission, restriction or elimination of the competition;

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