The Agency for the Protection and Development of Competition of the Republic of Kazakhstan, together with Nazarbayev University, held a scientific and practical seminar on the study of the impact of the market power of companies on macroeconomic indicators, in particular on inflation.

This study, initiated by the agency and carried out by the research group of Nazarbayev University, is aimed at analyzing how the market power of individual companies can increase the inflationary pressure of the economy. During the seminar, modern methods of markup estimation were presented, which allow for more accurate measurement of market power, taking into account the structure of costs, including fixed costs.

The seminar became an open discussion platform for representatives of BKDA, Higher Business School of Nazarbayev University, as well as students of PhD and Master in Finance programs. In addition to the preliminary results of the research, the participants discussed the future directions of market power analysis in Kazakhstan.

Source : https://www.gov.kz/memleket/entities/zk/press/news/details/973363?lang=kk