The new law was developed in connection with the practical implementation of the Concept of intensifying democratic reforms and forming civil society in the country and is aimed at the prevention of monopolistic activity on commodity markets, improvement of legal regulation in this area. In addition, the bill introduced regulations governing the monopolistic activity not only on commodity but also in financial markets.

In particular, the law clarified the definition of certain concepts, some of them expanded and described in separate articles. Such as a group of persons, dominant position, monopolistically high price of the goods and monopolistically low price of the goods.

If previously 65 or more percent of the market share (sales) owned by an entity or a group of persons was regarded as dominant market position, now this figure decreased to 50% or more. In a number of conditions (stability of market share a business entity holds during the year, relative sizes of market share owned by competitors and the possibility of entry of new competitors) dominant position of the entity or a group of persons might be regarded starting from 35% to 50% (earlier up to 65%).

A separate chapter is devoted to the law of anti-competitive actions. Its provisions prohibit unfair competition, as well as concerted actions and transactions of business entities, acts and actions of governments, public authorities and local associations of legal entities that restrict competition. The law also introduced antimonopoly requirements to competitive (tender) trading, exchange trades, creation, mergers and acquisitions of business entities, as well as the acquisition of shares (stake) and other proprietary rights.

It also significantly increased the threshold amount of assets of businesses necessary for obtaining the prior consent of the antimonopoly authority on the acquisition of shares (stake) from a 4,000 minimum wages to 100,000, which brings a significant reduction in administrative burden primarily on private entrepreneurs and small businesses.