Tuesday, August 23, 2011

Russia's Federal Antimonopoly Service Receives "Good" Grade

Russia's Federal Antimonopoly Service (FAS) received a good grade, and ranked 19th among 39 global counterparts, in the recent 2010 Global Competition Review (GCR).  FAS's score reflects an improvement over prior rankings, most recently 29th position in 2009 and 30th position in 2008.  GCR attributes FAS improved efficiency and ranking to several factors, including:  successfully completing cases against the four largest oil companies (for abusing market dominance), undertaking anti-cartel efforts such as "dawn raids", expanding cooperation with other Russian law enforcement bodies, improving the antimonopoly laws, and increasing competition-related events, particularly at the international level.  Experts questioned by the GCR referred to FAS Russia as the "most productive, independent and transparent" government body in the Russian Federation.

http://en.fas.gov.ru/news/news_31625.html

No comments:

Post a Comment