Tashkent, Uzbekistan – Podrobno.uz. The Committee for the Development of Competition and Protection of Consumer Rights has taken enforcement measures against six business entities for violations in the placement of highly liquid products on exchange trading. The total amount of violations exceeded 8 billion soums.

According to the committee's press service, in the Kashkadarya region, Kasane Yog Kombinati LLC sold vegetable oil, cotton husk, and meal under direct contracts, bypassing the exchange, and earned over 91 million soums. In the Namangan region, Pop Cement LLC directly sold 4,300 tons of cement worth over 2.4 billion soums instead of the mandatory 50% through the exchange.

In the Samarkand region, two companies failed to list flour produced from grain purchased via the exchange. In the Surkhandarya region, SURXONDARYODONMAHSULOTLARI JSC did not list 364 tons of flour on the exchange and directly exported 375 tons of first-grade flour under a contract worth over 1.2 billion soums. In Tashkent, three companies also sold grain under direct contracts instead of listing processed products on the exchange.

In the Tashkent region, Uzbekkumir JSC violated the approved schedule of exchange trading for coal. Due to manipulative actions, the company sold products worth over 4.3 billion soums bypassing the exchange. The companies received binding orders, and some were fined financially.

Earlier, it was reported that in Uzbekistan, thanks to the introduction of an automated digital price control system for medicines, mass violations were detected in the retail network: about 2,500 pharmacies unreasonably inflated drug prices, exceeding allowable markups by up to three times.

Source: podrobno.uz