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March 2021
Cartels and Leniency Review issued by Law Business Research Ltd brings together leading competition law experts from 29 jurisdictions to address an issue of growing importance to large corporations, their managers and their lawyers: the potential liability, both civil and criminal, that may arise from unlawful agreements with competitors as to price, markets or output.
Federal Law No. 135-FZ on Protection of Competition (the Competition Law), dated 26 July 2006, has undergone a series of amendments and is the main statute containing basic prohibitions applicable to cartels (largely similar to those that exist in many other jurisdictions). The Russian competition authority, the Federal Antimonopoly Service (FAS), and its regional offices are responsible for their enforcement. Specifically, the Competition Law provisions in this area cover anticompetitive agreements (cartels as such), concerted actions and coordination of business activities. Liabilities for violations of the relevant prohibitions are provided for in the Code on Administrative Offences and the Criminal Code.
Please read the full article published by The Law Reviews in March 2021.
The Cartels and Leniency Review is a part of The Law Reviews project by Law Business Research that provides business-focused legal analysis and insight in the most significant jurisdictions worldwide.
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