Andrey Tenishev shared Russian experience of countering cartels

04-09-2017 | 11:45

On 31 August, the agenda of the XI Annual Conference on Competition Law, Economics and Politics, included a discussion on “International Cartels and Enforcement” at Gordon Institute of Business Sciences (Johannesburg, South Africa). Andrey Tenishev shared specifics of exposing and proving anticompetitive agreements in Russia with his foreign colleagues.

The Conference was opened by Vice-President of South-African Republic Cyril Ramaphosa. Attendees were representatives of science, business and antimonopoly bodies including Tembonkosi Bonakele, Head of South African Competition Commission, Liberti Mnkub (South African Competition Commission), John Connor (a professor at Purdue University), Kai-Ue Kun (a professor at East Anglia University), Marc Ivaldi (a professor at Toulouse School of Economics), Ariel Ezrachi (a competition law professor at Oxford University) and Hassan Qaqaya (a professor at Melbourne University).

“Cartels are an issue not only for the Russian economy but for all economies in the world”, said Andrey Tenishev. He gave examples of successful cooperation between the antimonopoly bodies in investigating anticompetitive agreements and concerted actions.

Andrey Tenishev, Hassan Qaqaya, John Connor and other participants discussed deterrence effects of criminal punishment and administrative fined for cartels, international cooperation combating cartels and adopting International Anti-Cartel Convention.

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