ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of June 11, 2012 No. 391

About approval of Rules about forced separation (allocation) of business entities

According to the Law of the Kyrgyz Republic "About the competition" the Government of the Kyrgyz Republic decides:

1. Approve Rules about forced separation (allocation) of business entities according to appendix.

2. This resolution becomes effective after fifteen days from the date of official publication.

Appendix

Approved by the Order of the Government of the Kyrgyz Republic of June 11, 2012 No. 391

Rules about forced separation (allocation) of business entities

These rules about forced separation (allocation) of business entities (further - Rules) determine conditions, procedure and methods of separation (allocation) of the business entities holding dominant position and performing the activities in the territory of the Kyrgyz Republic.

1. General provisions

1. In case of systematic implementation of monopolistic activities by the business entity holding dominant position, the state antimonopoly authority (further - antimonopoly authority) has the right to make the decision on forced separation of such organizations or the decision on allocation from their structure of one or several organizations.

2. The decision on forced separation or allocation of business entities is accepted in the presence of one or several following conditions:

Leads 1) to development of the competition in the market;

2) there is possibility of isolation of structural divisions of the organization;

3) there is no technologically caused interrelation of structural divisions of the organization;

4) there is possibility of independent activities in the corresponding market for the legal entities created as a result of reorganization.

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