FAS: UNIFORM RULES FOR ENSURING PROTECTION OF COMPETITION WILL COME INTO FORCE IN RUSSIA AND BELARUS

Agreement on Uniform Competition Rules* was signed by Maxim Shaskolsky, Head of FAS Russia, and Alexey Bogdanov, Minister of Antimonopoly Regulation and Trade of the Republic of Belarus

The key objective of the document is to ensure the protection of competition based on uniform rules for the effective functioning of commodity markets.

The Agreement defines the types of monopolistic activity and unfair competition that are subject to detection and suppression by the antimonopoly authorities of Russia and Belarus.

It also provides for the application of antimonopoly legislation to economic entities of the Union State on equal terms.

The Agreement will be a key element in the implementation of the Union Program** in the field of competition.

*Agreement between the Government of the Russian Federation and the Government of the Republic of Belarus on Uniform Competition Rules

**The Union Program in the field of Uniform Competition Rules is a part of the main directions of implementation of the provisions of the Treaty on the Union State for 2021-2023