Case law on the protection of competition

Dispute between a Company and Board of Competition and Antitrust regulation

Facts in issue:

On 26 September 2017, the Eurasian Economic Commission (“EEC”) decided "On the establishment of a violation of Article 76 of the Treaty on the Eurasian Economic Union (EEU Treaty) dated May 29 2014 with regard to the case of violation of competition rules in the cross-border market, No. 22-AC01", referring to PJSC NLMK (“NLMK”) and LLC VIZ-Steel(“VIZ”) and imposed a penalty in the amount of more than 217 million rubles (KZT1, 247, 750, 000).