Supreme Court Backs Antimonopoly Agency's Findings Regarding KTZ Subsidiary
Photo: KTZ PRESS
Kazakhstan’s national railway company, Kazakhstan Temir Joly (KTZ), banned private carriers from using gondola cars at certain stations, but made an exception for its own subsidiary, Kaztemirtrans, Orda.kz reports.
The Supreme Court has upheld the findings of the antimonopoly agency, which concluded that KTZ violated competition laws.
On May 19, 2023, a temporary ban was imposed on the transportation of empty owned and leased gondola cars at the Mugalzhar and Bershogur stations. However, KTZ’s subsidiary, Kaztemirtrans JSC, continued operations without restrictions,the Agency for the Protection and Development of Competition said following its investigation.
The agency deemed the decision unjustified and stated that it gave Kaztemirtrans an unfair competitive advantage, thereby undermining the principles of a level playing field.
The court ruled in favor of the antimonopoly authority, although it remains unclear whether KTZ faced any repercussions.
Original Author: Alexandra Mokhireva
Latest news
- Recruited Online And Accused Of Promoting Terrorism: KNB Reveals New Case Details
- China To Build New Gas Processing Plant At Kashagan
- Kazakhstan Plans Another 20 Million Tons Of Coal Consumption
- Tengizchevroil Says Production Has Recovered After May Failure
- Economy Ministry Sees No Mass Business Closures After Tax Reform
- Almaty Zoo Reports Another Act Of Vandalism
- State Cars In Kazakhstan Will Become Easier To Spot
- Will Almaty Get Brighter At Night?
- Ventilation Pipe Collapses In Departure Area At Almaty Airport
- Dangerous Pests Found In 40 Tons Of Chinese Peaches And Carrots Bound For Kazakhstan
- Triple Pay, UN Funds And New Rules For Kazakhstan’s Servicemen
- How Much Kazakhstan Got For Its Trump-Linked Tungsten Stake
- Kazakhstan’s Business Cannot Cope Without The State?
- Kazakhstan Army To Give Recruits Two Weeks For Psychological Adaptation
- Astana Tarot Reader Caught Growing Cannabis In Her Wardrobe
- Toilets, Dogs And Parking: What Kazakhstan’s New Urban Rules Will Change
- Almaty Hotels Lose Foreign Guests As Prices Rise
- Kazakhstan Ratifies Border Agreement With Uzbekistan
- Kazakhstan To Host UN Regional Center For Central Asia And Afghanistan
- Kazakhstan Explains Drop In Foreign Investment By Profit Withdrawals