FAS Russia Guidelines on Merger Control and Antimonopoly Compliance—Part 1
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Key takeaways:
- In summer 2021, the Federal Antimonopoly Service of the Russian Federation issued two guidelines that will have material significance for a range of issues relevant to the enforcement of Russian merger control and antimonopoly compliance.
- The merger control guidance describes, in particular, the regulator’s approach to antitrust clearance of joint venture agreements; the approach to the evaluation of non-compete agreements; circumstances where obtaining negative control, acquiring shares/interests other than as a result of a transaction or pledging shares/interests requires antitrust clearance; and cases when intragroup transactions are not subject to antitrust control.