Under proposed privatization law amendments submitted to by the Ministry of Economic Development to the government, the starting price in a privatization auction would be set according to an appraisal, and the government would be allowed to delegate to major private investment banks authority to run auctions and set auction procedures. Implementing the changes would require amendments to competition legislation that prohibit delegation of such government functions to private companies.
http://www.vedomosti.ru/newspaper/article/2010/01/20/223275
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