Antitrust Compliance in Russia
March 03, 2020
On March 1, 2020, the President of the Russian Federation signed the Federal law “On Antimonopoly compliance”, which provides for amendments to law No. 135-FZ “On protection of competition”.
The purpose of the new law is to prevent antitrust violations and reduce antitrust risks.
Law No. 135-FZ “On protection of competition” introduces the concept of “internal compliance system with the requirements of Antimonopoly legislation”. Such a system should explain to companies what internal regulations they need to adopt and what measures to comply with in order to comply with antitrust regulations.