Fourth Antimonopoly Package Is Passed

20 October 2015
View Client Update

Key takeaways

  • Joint venture agreements between competitors covering activity in the Russian Federation will be subject to antitrust clearance if total value of assets or total revenue of their participants or their groups exceed prescribed thresholds;
  • Business entities can apply to the Federal Antimonopoly Service for antitrust clearance in electronic form and inform the Federal Antimonopoly Service about planned transactions before the filing;
  • Agreements between purchasers may create cartels;
  • Agency agreements may be considered vertical agreements.