FAS RUSSIA FOUND MKK GOSZAYM AS VIOLATING LAW ON PROTECTION OF COMPETITION
The organization used the commercial designation of a competitor
Earlier in July 2023, a complaint against this company was received from MKK Invest-EN LLC. In 2021, Goszaym registered and transferred to an organization from one group of persons the trademark "Zaymograd", which its competitor had previously started using.
According to the Authority, the registration and use of a trademark that is confusingly similar to the commercial designation of another company may affect the consumer's choice and form a misconception about the financial services provider.
The FAS Russia found the actions of MKK Goszaym LLC as a violation of antimonopoly legislation.* The responsibility of the microfinance organization will be determined in accordance with the Administrative Code of the Russian Federation.**
It should be reminded that in January 2024, the Authority initiated the case against the organization on the grounds of the violation of antimonopoly legislation for using the letter combination "gos" in an abbreviated brand name.
Reference:
* Part 1 of the Article 14.4 of the Federal Law of July 26, 2006 135-FZ "On Protection of Competition"
** Article 14.33 of the Administrative Code of the Russian Federation