FAS Discussed Practice of 3rd Antimonopoly Law
OREANDA-NEWS. June 14, 2012. At a workshop on antimonopoly regulation, Deputy Head of the Legal Department of the Federal Antimonopoly Service (FAS Russia), Roman Pliev, summed up preliminary results of enforcing the norms of the so-called “third antimonopoly package” of laws that came into force in January 2012, reported the press-centre of FAS Russia.
In particular, Roman Pliev pointed out that adopting the so-called “third antimonopoly package” of laws clarified criteria of monopolistically high prices. In their efforts FAS and its regional offices apply various methods to determine monopolistically high prices, such as retrospective analysis, exchange prices and global prices.
Deputy Head of FAS Legal Department drew attention of the workshop participants to clarifying requirements for anticompetitive agreements. In particular, criminal liability for concerted actions on the market is removed.
Roman Pliev also discussed enforcement of a new mechanism for warning about violations of the antimonopoly law. When FAS reveals signs of violating the antimonopoly law, it will be able to send a warning to a company that such actions are unlawful. If the company voluntarily eliminates the violation, it will be able to avoid an administrative punishment in the form of a turnover fine. Every party will win from this: consumers will be able to restore their infringed rights faster; companies will not be punished by turnover fines; while FAS will be able to focus on the most significant cases.
Workshop participants also discussed the issues related to administrative liability for violating the antimonopoly law, the new procedures for granting state and municipal property.