Head of FAS Aims for Improved Enforcement and Efficiency in Antimonopoly Laws

On the 24th of September 2012, the Head of Russia's Federal Anti-Monopoly Service (FAS), Igor Artemyev, speaking at the Third Russian-American Conference on “The Modern Antimonopoly Law and Judicial Practice in Russia and the U.S", announced that the third antimonopoly package had largely achieved the goal of improving enforcement and efficiency by the FAS.  “In the first six months of 2012 FAS and its regional bodies issued 603 warnings on violating the antimonopoly law. The companies executed 74% of the total number of the issued warnings on schedule”, said Artemyev. Urging reform of the system for procurement by natural monopolies and state-run companies, Artemyev added: “At the moment the system of state preferences is not regularized. It must be reformed because companies that are granted state preferences are in a more advantageous position in comparison with their competitors that were not granted such subsidies or other privileges.”
http://en.fas.gov.ru/news/news_32478.html