OREANDA-NEWS. April 21, 2014. Upon an initiative of the Federal Antimonopoly Service, economic entities with over 35% market share and economic entities with the dominant position on the market of particular goods must not submit reported data to FAS Russia under 1-МОN form any longer.

By 30th April each year economic entities included in the Register, under Clause 8 Part 1 Article 23 of No. 135-FZ Federal Law “On Protection of Competition” were obligated to submit statistical data to FAS about the main indicators of company’s activities in form 1-МОN. In 2014, however, No. 256-r Order of the Government of the Russian Federation (see Clause 36) eliminated this obligation.

“Abolishing the requirement to submit reported data to FAS Russia reduces an administrative burden upon economic entities included in the Register”, commented the Head of FAS Analytical Department, Alexei Sushkevich.