ANDREY KASHEVAROV: THE “FIFTH ANTIMONOPOLY PACKAGE” IS A RESPONSE TO NEW CHALLENGES EMERGING IN THE COURSE OF DIGITALIZATION OF THE ECONOMY

13-04-2018 | 13:02

Deputy Head of FAS outlined the main provisions of the “fifth antimonopoly package” and the prospects of parallel import in Russia

 

Deputy Head of FAS Andrey Kashevarov supported the initiative of the governor of the Kaliningrad region, Anton Alikhanov, in launching a pilot project on parallel import of medicinal drugs in the region, announced at IPQuorum-2018 International Strategic Forum.

 

Legal restriction over parallel import, first of all, affects negatively the costs of drugs, medical products and automotive spare parts. Liberalizing parallel import will encourage competition and create preconditions for reducing prices for the imported goods.

 

Deputy Head of FAS outlined the main points of the “fifth antimonopoly package” drafted by FAS. The package will determine antimonopoly enforcement in the field of intellectual property and account for the regulatory changes under the conditions of digitalization of the economy.

 

“Today it is possible to exercise significant influence upon the market, without possessing production capacities, and only holding the rights for a particular intellectual property object, and it should be taken into consideration in antimonopoly regulation. The “fifth antimonopoly package” is a response to new challenges emerging in the course of digitalization of the economy”, emphasized Andrey Kashevarov.

 

The Forum programme included a discussion on the key trends and the prospects of market development in terms of intellectual property under digitalization of the economy. Participants analyzed legal aspects of block chain technologies in Russia and abroad, and their application in public administration, judiciary and business.

 

IPQuorum International Strategic Forum takes place under the auspices of the Commission of the Russian Federation for UNESCO. The Forum is organized by Russian IP Association IPChain and the Eurasian Confederation of the Right Holders Societies.