Tashkent, Uzbekistan (UzDaily.com) -- Until 1 July 2020, the Antimonopoly Committee and its territorial departments received 64 applications (for the same period in 2019 - 106 applications) to obtain preliminary consent for market concentration.

14 of them are related to mergers and acquisitions of economic entities, another 50 are applications for the acquisition of shares (shares) in the authorized capital (authorized capital) of economic entities, 18 of which were submitted by foreign investors.

At the same time, in connection with the violation of the requirements of the Law "On Competition", in terms of transactions on the acquisition of shares (stocks) in the authorized capital (capital) of economic entities without obtaining the prior consent of the Antimonopoly Committee, cases were opened and instructions were given against two business entities.

All applications received by the Committee during the first half of the year were carefully analyzed. The total amount of transactions amounted to 1013 trillion soums. 47.3 percent or 479 billion soums falls on foreign investors.

They plan to use foreign capital as direct investments or technologies in the textile, pharmaceutical, information, electrical, construction and food industries.

Examples of transactions approved by the antimonopoly authority in the first half of the year include:

Acquisition of 70% of shares in the authorized capital of JV LLC "HYUNDAI AUTO ASIA" from LLP "Motor Company" Astana-Motors "(Kazakhstan).

The main activity of Astana-Motors is the sale and maintenance of cars.

Acquisition of a 100% stake in the authorized capital of FE LLC ANGLESEY FOOD from ANGLESEY INVESTMENTS PTE. LTD. " (Singapore).

The field of activity of FE LLC "ANGLESEY FOOD" is retail sale of goods in specialized stores.

Merger of JV LLC AGROMIR BUKHARA and JV LLC AGROMIR CHUST to JV LLC AGROMIR.

The sphere of activity of the enterprises belonging to the Agromir group of companies, which have common founders, located in Bukhara, Namangan and Samarkand regions, is the production of fruit and vegetable juices.