Kyrgyzstan Adopts New Method to Check Monopoly High and Low Prices
Kyrgyzstan's Cabinet of Ministers has approved a new procedure for identifying monopolistically high and low prices. Resolution No. 686 was adopted on October 12, 2026. The antimonopoly authority will apply it to business entities holding a dominant position in a commodity market.
A price is monopolistically high if it exceeds the competitive price in the same or a comparable market, or the necessary costs plus profit. A price is monopolistically low if it is below market level and below actual production and sale costs. Signs of a high price include faster price growth, reduced product weight at the same price, and unjustified cuts in output despite demand.
Low prices are not always treated as violations. Permitted reasons include sales of perishable goods, seasonality, markdowns for defective goods, promotional and charity campaigns, and general market price declines. If a monopoly price is found, the authority will determine the resulting income and may go to court if its decision is not enforced.
This story was automatically summarised and translated from AKIpress. All rights to the story belong to its source.