Measures taken against company that illegally sold flour products in Surkhandarya

Relevant measures were taken against a company that sold 205 tons of flour products for 634 million soums without exchange trading, the Competition Committee reported.

According to a study conducted by the committee’s Surkhandarya regional department, Denov oltin don LLC sold 205 tons of flour products directly under an export contract for more than 634 million soums without placing them on the exchange. The flour should have been produced in accordance with the established norm from 273 tons of wheat purchased through exchange trading at the expense of the fund between October 2025 and March 31, 2026.

The committee noted that Article 29 of Uzbekistan’s Law “On Competition” prohibits actions that restrict or may lead to restrictions on competition during exchange trading, including violation of the legally established procedure for conducting trades.

In addition, under the legislation, it is prohibited to sell highly liquid and/or monopolistic products that must be sold only through exchange trading directly under contracts without placing them on the exchange.

In connection with the above circumstances, a case was opened against Denov oltin don LLC over signs of violation of Article 29 of the Law “On Competition” and the requirements of the regulation approved by Cabinet of Ministers Resolution No. 170. As a result, relevant measures were applied in accordance with the established procedure.

The company was also issued a mandatory instruction to eliminate the violation and prevent similar cases in the future.

Earlier, it was reported that six companies operating in Uzbekistan had sold highly liquid products worth more than 8 billion soums without placing them on the exchange and without state control.