The Competition Law applies to:
- agreements/actions concluded or carried out in or outside Russia that may in any way influence competition in Russia; and
- agreements/actions concluded or carried out in or outside Russia, between Russian and/or foreign legal entities/individuals, which are related to:
- main (fixed) production assets and/or intangible assets located in Russia;
- shares or participatory interests in, or control over Russian legal entities; or
- control over foreign legal entities engaged in business activities in Russia.
The expression “legal entity engaged in business activities in Russia” encompasses all foreign entities that have supplied goods/works/services to the Russian market for an amount exceeding RUB 1bn (EUR 14.3m1) during the calendar year preceding the date of the respective transaction.
Evidently, the scope of application of the Competition Law is very broad. In practice, it may cover almost any agreement and may apply to any company directly or indirectly connected with the Russian market or Russia in general.
 At the notional exchange rate of RUB 70 = EUR 1, as used for convenience throughout this guide. Back ↑