Class actions will become an attractive way for business entities to protect themselves from bad-faith competition only if gaps in the regulation of this type of dispute are filled in, and also only if certain substantive legal institutions are applied.
In the last few weeks, what many have termed Russia’s ‘decade of sport’ has really moved into gear. After a relatively low key World Rugby Sevens tournament in Moscow, the main global student sporting festival the Universiade was held in Kazan, and then attention turned back to the capital for the World Athletics Championships.
In western antitrust practice, the general approach when competition offences are criminalized is that abuses of dominance are excluded from the scope of the criminal law.
In the last year, several amendments have been made to Russian corporate law. Most of these amendments aim to promote a favourable business environment for both foreign and Russian companies and investors, in the long run, boosting Russia’s economic growth.
The latest and only amendments to the legislation regulating transfer prices were made at the start of April this year. However, the legislature failed to fulfil the hopes of taxpayers, who were anticipating that major flaws would be eliminated. Regrettably, the law as it stands contains an abundance of them.
Pepeliaev Group has prepared legal overviews on Russia at the request of TerraLex Read more
28.04.2025
Natalia Prisekina spoke at the SCO’s Arbitration Legal Forum in China Read more
28.04.2025
Pepeliaev Group has made it into the top groups of the legal ranking by the newspaper Kommersant Pepeliaev Group has demonstrated exceptional results in the legal ranking conducted by the newspaper Kommersant. Read more
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