Media & Resources
RF President Vladimir Putin approved “4th antimonopoly package” amending Federal law “On Protection of Competition” aimed at liberalization of the antimonopoly legislation.
DATE: October 9, 2015 | AUTHOR: atlawyers
RF President Vladimir Putin approved “4th antimonopoly package” amending Federal law “On Protection of Competition” aimed at liberalization of the antimonopoly legislation. The rules on recognition of entity which market share is less than 35% as dominant as well as on appropriate register are canceled; the Federal Antimonopoly Service is authorized to review the decisions of territorial anti-monopoly bodies. A chapter on unfair competition cases (discrediting, misleading, etc.) is introduced. The fine for officials whose actions resulted in competition restriction is increased up to 50,000 RUR.