ANDREY TSYGANOV: WE WILL SYSTEMATICALLY DEVELOP COMPETITION

FAS held the first discussion of draft National Plan for Developing Competition in 2021 – 2025

A regular meeting of FAS Methodological Council was on 24 October 2019.

The concept of the new National Plan for Developing Competition includes measures aimed at achieving several key targets. For example, measures designed to year-to-year decrease of the level of economic concentration on competitive markets in sectors of the economy, reduce share of companies with state and municipal participation, increasing the revenue share of small and medium business in GDP, etc.

Chairman of the Methodological Council, Deputy Head of FAS Andrey Tsyganov commented:

“We pay considerable attention to state and municipal enterprises because we believe that operations of state companies on the markets open to competition actually distort competition. Such state companies inevitably gain privileges from their founders and are executors of public contracts, pushing private business away. We hope for annual reduction of the share of such entities and, accordingly, increase of the share of private business participation in public procurement.

We expect that market concentration will decrease annually in the market where competition is possible. Such markets exist and it is necessary to work with them.

FAS talks about increasing the revenue share of small and medium companies. It is because we believe that small and medium business should make a more significant contribution to competition development and GDP growth.

I would like to emphasize that the efforts to develop competition in line with the National Plan will continue in the next periods of strategic planning. We will improve the National Plan and its measures, achieving the goals and set the new ones. All this is to the benefit of the economy of Russia, to the benefit of entrepreneurs and consumers, ordinary people”.

Experts also considered proposals to a draft Action Plan on fulfilling the Competition Development Strategy and Antimonopoly Regulation in the Russian Federation until 2030.