Antimonopoly regulation in Russia is one of the most important factors that put an impact on the economic development of the country. Recently there has been an increase of such impact, which leads to modification of the existing and formation of the new institutes of antimonopoly legislation.
The basic role in these processes plays the Federal Antimonopoly Service (FAS Russia), which became one of the most active public authorities in recent years and has a substantial influence on economic matters in the Russian Federation.
FAS Russia gains more and more power, not only regarding the
Taking into account the existing problems in the Russian Federation’s economy, which were caused by both global slowdown and the sanction policy of the foreign countries toward Russia, the public function of development and support of competition becomes increasingly significant.
It may be noted that the attention of FAS has been recently concentrated on traditional monopolies, like Gazprom OJSC, and RZD OJSC. As far as the activity of these entities (among others) falls under the tariff regulation, FAS Russia will be granted with the authority in this sphere and provided the service with
Besides this, we may also note the strengthening of FAS’ activity in the direction of suppressing common level prices and inflation. For example, recently FAS has been focused on the companies that compose the whole logistic chain (carrier, stevedore, etc.), whose services are sufficiently involved in the expenses of the manufacturers
The recent amendments to the legislation still further shift the focus of the antimonopoly authority from small- and medium-sized business to the bigger enterprises. Frequently,
It is also important to note the tendency, connected with the increase in control of the regional authorities, who in one form or another provide some entities with help in prejudicing against the interests of the others.
Therewith the antimonopoly authority encourages and in every way promotes the ideas of development and integration of an
Summarizing the above, it should be noted that