Over the past year, the Competition Committee approved nearly 100 mergers and acquisitions of companies.

Uzbekistan, Tashkent – According to AN Podrobno.uz, in 2024, the Committee for the Development of Competition and Protection of Consumer Rights approved 96 concentration deals totaling 18 trillion soums. Of this amount, over 3 trillion soums (17%) were attributed to shares held by foreign investors.

https://podrobno.uz/cat/economic/za-proshlyy-god-komitet-po-konkurentsii-odobril-pochti-100-sdelok-po-sliyaniyu-i-pogloshcheniyu-komp/2025-01-17 08:13:18

In the realm of ownership structure changes and control over companies, a total of 139 applications were reviewed: 31 of these pertained to merger and acquisition deals, while 108 involved the approval of purchasing significant stakes or blocks of shares.

Out of all the applications, 96 deals were approved, 37 did not require approval, and 6 applications were rejected.

The majority of deals occurred in the trading and services sector (22) and construction (15). Additionally, deals were approved in the IT sector (9), energy (7), and industry (6).

Let us remind you that in October of last year, the antimonopoly authority examined information regarding the acquisition of the Express 24 service by Yandex Eats and the potential monopolization of the food and grocery delivery market. At that time, the study revealed that no mergers or acquisitions took place, and that the market had all the prerequisites and conditions for proper competition.