Tuesday, September 7, 2010

Russian Duma To Update Antitrust Laws

The FAS announced on Tuesday that the Duma plans to pass a third anti-monopoly package, updating last year's amendments to Russia's competition laws. According to the FAS, "this package is liberal" when compared to the second package adopted last year. The updates will likely include elimination of liability for certain types of parallel price increases, as well as clearer definitions of terms of art such as "cartel".


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