KTZ Rejects Antimonopoly Claims, Plans to Appeal to Supreme Court
Photo: KTZ
KTZ has responded to the Agency for the Protection and Development of Competition’s (APDC) statement, which alleged violations of competition law by KTZ Express.
According to the company, the Specialized Interdistrict Administrative Court of Astana ruled in 2024 that the APDC’s investigation was unlawful. In September 2024, a private ruling was issued against the antimonopoly authorities, holding them accountable.
The court determined that KTZ Express JSC did not abuse its monopoly position by imposing excessively high prices for military transportation. These transportations are, in fact, commercial, not military. Despite previous court rulings and a prosecutor’s conclusion in favor of KTZ Express JSC, the Astana court still imposed a fine on the company, KTZ stated.
KTZ Express, a subsidiary of KTZ, is preparing to challenge court decisions in the Supreme Court of Kazakhstan.
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan