On September 4, 2024, the President of Uzbekistan signed the Law “On Amendments to Certain Legislative Acts of the Republic of Uzbekistan in Connection with the Further Improvement of the Activities of the Committee for the Development of Competition and Consumer Rights Protection of the Republic of Uzbekistan.”
According to the amendments, a legal entity will be considered a natural monopoly only if it engages in the corresponding type of natural monopoly activity as its main type of activity. It is also stated that for first-time violations with a low degree of economic impact, no fines will be imposed on economic entities; instead, they will receive a written warning. The Cabinet will approve the list of violations with a low degree of economic impact on Ministers of the Republic of Uzbekistan. If the offender does not admit guilt and does not voluntarily pay the fine, fines for violations will be imposed through the courts.
