On Oct. 14, 2024, RUS GVT issued law 344-FZon amendments to the law on competition regarding clarifying individual legal norms of antimonopoly legislation.
The law enters into force on Mar. 1, 2025.
On Oct. 9, RUS PRL discussed bill amending antimonopoly legislation.
RUS PRL proposed bill 409891-8on amendments to the law on competition in regards to of clarifying individual legal norms of antimonopoly legislation.
Proposal
The bill allows RUS CMP to issue warnings based on any reliable information about planned behavior in the commodity market, rather than just public statements.
Also in the bill geographic criterion is removed from the definition of a comparable commodity market, allowing domestic market comparisons instead of relying on international currency-based prices for determining monopolistically high prices.
In addition, the proposed the bill expands the list of individuals acting in the interests of economic entities in stock exchange trading, aligning with current practices.
The proposed bill establishes the creation of new unitary enterprises in competitive markets is prohibited, including through reorganization or changes in activity type.
Furthermore, according to the bill self-employed individuals are now included in the register of business entities, simplifying access to municipal and regional preferences.
Oct. 2024 Law Issued
On Oct. 14, 2024, RUS GVT issued law 344-FZon amendments to the law on competition regarding clarifying individual legal norms of antimonopoly legislation.
The law enters into force on Mar. 1, 2025.
Regulators
RUS CMP; RUS GVT; RUS PRL
Entity Types
Corp
Reference
Law 344-FZ, 10/14/2024; PR, 10/9/2024; Bill 409891-8;
