Regulatory Alerts2007-03-28 | 118745Regulation on Determining Dominant Position in the Market for Banking Services
The National Bank of the Kyrgyz Republic issued this Regulation to define the criteria and procedures for identifying dominant positions in the banking, microfinance, and payment services markets. It establishes a 35% market share threshold as a characteristic sign of dominance and mandates the use of the Herfindahl-Hirschman Index to assess market concentration and competition levels. The document further outlines the methodology for defining relevant product and geographic markets, including the application of the hypothetical monopolist test, to enforce antimonopoly legislation and protect consumer rights.
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