Anti-Monopoly Legislation and Economic Support Under the Current Conditions

Under the current circumstances all branches of federal government need to react swiftly in order to mitigate the pressure from the economic sanctions and increase internal economic stability. Anti-monopoly agencies play an active role in supporting the economy in various ways, including by means of anti-monopoly regulation. For instance, in 2022 the Russian Federation introduced a number of legal initiatives, that permit parallel import. In particular, the Government of the Russian Federation was given the authority to establish a list of goods (groups of goods) in relation to which certain provisions of the Civil Code of the Russian Federation on protection of exclusive rights to the results of intellectual activity expressed in such goods and means of individualization, by which such goods are marked, cannot be applied, which gives prerequisites for development of parallel imports in Russia. In addition, as list of priority measures for the development of the Russian economy includes a proposal to introduce restrictions in terms of orientation to foreign currencies and foreign exchange indicators of the participants of the Russian commodity markets in determining the value of goods. Foreign jurisdictions, including the PRC and the EU, are also taking various measures to improve the effectiveness of antitrust enforcement under the current circumstances. During the session participants are invited to consider issues related to the development of competition, improvement of antimonopoly legislation and methods of antimonopoly regulation in the Russian Federation and abroad in the current economic environment.