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The third set of antimonopoly measures, which comes into force on 6 and 7 January, significantly amends antimonopoly legislation, affecting business across the board. The most important new developments include: antimonopoly law institutions and concepts being clarified, not least the criteria for monopolistic high prices and concerted actions; the concept of a cartel being introduced; and the manipulation of the electric power market being prohibited. The grounds for administrative and criminal liability to be imposed are also amended.
Pepeliaev Group advises that 20 November 2011 saw the publication on the Supreme Arbitration Court’s official website of the Court’s Resolution No. 3602/11 in case No. 08-8099/2009 (Krasny Oktyabr v. Slavyanka).