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[This legal alert has been prepared by Baker & McKenzie] Numerous changes to Russian competition legislation came into effect in August 2009.
On 16 July 2009, Resolution No. 583 of the Government of the
The changes significantly expand the application of the Law and clarify the competence of the Russian Federal Antimonopoly Service (the "FAS"), alter the dominant position rules, the concept of "monopolistically high" and "monopolistically low" prices, introduce significant changes to the provisions dealing with vertical agreements, raise the thresholds that trigger the requirement for clearance of acquisition transactions through FAS, set the period for institution and consideration of cases on violation of antimonopoly legislation, and also otherwise augment and clarify various legislative acts in the area of antimonopoly regulation.