Russian competition law

In the final stages of glasnost and the deteriorating tethering of the USSR, the various member soviet republics saw the need for regulation and stabilisation of trade.

In 2021, the FAS fined search engine corporation Google for allegedly violating Russian advertising law.

The law also places restrictions on aids from, and public procurement policies of, federal, provincial, or municipal governments that otherwise would encourage anti-competition.

In addition to a distinct competition law, the Code of Administrative Offences has also been amended to increase liability of anti-competitive practices.

Company directors can be criminally liable in cases of a repeated abuse—e.g., establishing high monopoly or low monopoly prices, unjustified evasion from the execution of contracts with individual customers, creation of obstacles for other entities entering the market—and can be sentenced to up to 7 years in prison.