VIOLATIONS OF THE ANTIMONOPOLY LAW DECREASED IN 2019

05-05-2020 | 01:30

Summary of the results of FAS work in the last year confirms the annual trend

 

In 2019, the Federal Antimonopoly Service opened over 3000 cases on violating the antimonopoly law, one third of which constituted violations by the authorities.

 

2236 violations were exposed, 2505 warnings were executed.

 

Analysis of the results of public control over merges and acquisitions showed a slight reduction of considered pre-merger petitions (1052) and post-merger petitions (144) compared to 2018.

 

The number of warnings and admonitions issued by FAS also went down: 3110 and 103 accordingly. 2505 warnings were executed.

 

As for competition-restricting actions of the authorities and local self-government bodies, FAS also issued fewer warnings and decisions confirming the facts of violations.

 

Alexei Dotsenko, Deputy Head of the Federal Antimonopoly Service pointed out: “Developing competition and reducing the figures on antimonopoly violations is a goal of paramount importance and topicality, achieving which facilitates progressive advancement of the economy as well as improvement of life of the population in Russia”.



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