cartels

A construction company will pay double

The changes will take place in order to modify approaches to antimonopoly regulation in the digital epoch

The 9th Arbitration Appeal Court upheld the verdict of Moscow Arbitration Court to pronounce legitimacy and reasonableness of FAS decision on a case against “Kama Cable” Ltd., “POSSKAT” OJSC, “Kavkazkabel” Cable Plant” JSC, “Cable Alliance Holding” Ltd., “Uralkabel” JSC, and “Sibkabel” JSC.

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)

FAS Commission found that suppliers of equipment for “Vybory” State Automated System of the Russian Federation violated the antimonopoly law. Cartel participants may be imposed turnover fines (from 10 to 50% of the initial maximum contract price under Part 2 Article 14.32 of the Code on Administrative Violations).