Friday, March 30, 2012
Posted by D. Daniel Sokol
Ianis Girgenson (Covington) and Anna Numerova (ALRUD) address Reform of Russian Competition Law: It's a Long Way from Brussels to Moscow.
ABSTRACT: The level of competition enforcement in Russia is excessive, with thousands of new investigations launched every year. The regulator sometimes pursues objectives unrelated to the promotion of competition. Economic analysis plays a marginal role in Russian competition enforcement. A drastic reform is required: the regulator should focus on the most serious infringements and improve the quality of its economic analysis.