The Department of the Anti-Monopoly Regulation Committee for the Atyrau Region has initiated an investigation into LLP "Atyrau Oil Refinery." This decision was based on an analysis of price dynamics and production (sales) volumes in the oil processing market, reports Kazpravda.kz citing the press service of the government agency.
“As a result of the analysis, the department identified signs of abuse of a dominant position, manifested in the establishment and maintenance of monopolistically high prices for oil processing, with an increase in the average price by 31% from 2021 to 2023,” the official statement reads.