antitrust law

Road Map for developing competition on the market of financial services is approved
On 10 May 2017 FAS, in coordination with the Bank of Russia approved the Action Plan (“Road Map”) “Developing competition on the financial services market”
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Amendments to the General Exceptions on agreements between credit and insurance companies
Lilia Belyaeva: new provisions of the Government Decree will enhance transparency of interaction between credit and insurance companies
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Andrey Tsyganov: FAS work will become even more understandable and transparent
It will be facilitated through preventative control, introduction of corporate antimonopoly compliance, and risk-based approach to control and supervision
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Samara OFAS fined “SMT” Ltd. and “Medsimvol” Ltd. over 30 million RUB
Fines are imposed for anticompetitive bid-rigging agreements
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Lilia Belyaeva on antimonopoly control over insurance companies in the Privolzhie Federal District
In 2013 - 2016 the antimonopoly bodies of Privolzhie Federal District (PFD) received more than 5000 complaints against OSAGO insurers, which accounts for over 90% of the total number of complains in insurance in the PFD
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