26-10-2021 | 10:48

It will allow the authority to monitor economic concentration in the relevant markets

The Government of the Russian Federation has set a threshold value for transactions with leasing companies that require approval from the antimonopoly authority.* Since March 1, 2022 such transactions will be coordinated with the FAS Russia in cases when the assets of leasing companies exceed 8 billion rubles. We are talking about transactions provided for in the Articles 27 and 29 of the Law on Protection of Competition, including mergers and acquisitions of commercial and financial organizations.

It is necessary for the antimonopoly authority to control over the economic concentration in the leasing services market. The adoption of the document, among other things, will prevent the monopolization of the market.

Earlier, purchasers were required to coordinate transactions with the FAS Russia if the value of assets was more than 3 billion rubles. After the "regulatory guillotine"**, there was a need to revise the threshold for approving transactions.

Before setting a threshold of 8 billion rubles, the FAS Russia analyzed the situation on the leasing services market and found out that the measure would not have a negative impact on competition in the relevant market.


For reference:

* Decree of the Government of the Russian Federation of  27.09.2021 No. 1621 "On Establishing the Values of Assets of Leasing Companies for the Purpose of Antitrust Control".

** "Regulatory Guillotine" is a tool for large-scale revision and cancellation of regulatory legal acts that negatively affect the overall business climate and regulatory environment.

Site Map

News & Events Press Releases Media Releases Image Library About the FAS Russia What We Do General Information Institutional Memory Mission, Goals, Values Priority Setting Stakeholders Engagement Center for Education and Methodics Our History Our Structure Powers of Head and Deputy Heads Our Ratings Global Competition Review Using our website International Cooperation Treaties & Agreements OECD Competition Committee OECD meetings 2013 OECD meetings 2014 OECD meetings 2015 OECD meetings 2016 OECD meetings 2017 OECD meetings 2018 OECD meetings 2019 OECD meetings 2020 OECD meetings 2021 FAS Annual Reports OECD-GVH RCC RCC Newsletter ICAP Council on Advertising Headquarters for Joint Investigations UNCTAD 15th session IGE UNCTAD 16th session IGE UNCTAD 17th session IGE UNCTAD 18th session IGE UNCTAD 8th UN Conference on Competition 19th session IGE UNCTAD EEU Model Law on Competition ICN BRICS BRICS Conferences Documents The BRICS Competition Law and Policy Centre (BRICS Competition Centre) BRICS Working Groups for the research of competition issues in socially important markets The Working Group for Research on the Competition Issues in the Pharmaceutical Markets Chair: Russia The Working Group for Research on food value chains Chair: South Africa The Working Group for Research on the Competition Issues in the Automobile Markets Co-chaired: India, South Africa The Working Group for Research on the Competition Issues in the Digital Markets Co-chairs: Brazil, Russia BRICS Coordination Committee on antimonopoly policy EU APEC Competition Policy and Law Group Annual meetings Projects ERRA Full Members Organizational Structure Archive Working Group on Investigating Issues on Pricing in the Oil and Oil Product Markets and Methods of their Functioning Meetings Working Group for Studying Competition Problems in the Pharmaceutical Sector Working Group on Research of Competition Issues in the Market of International Telecommunications (Roaming) Document Library Legislation Reports & Analytics Cases & decisions COVID-19 Contacts Give feedback Contact us Links Authorities Worldwide