Global Competition Law is primarly a practitioner's guide presenting the most salient aspects of the major competition laws country by country, giving an overview of their structure and most charasteristic elements.
Global Competition Law also provides insight into possible future developments in the field.

Global Competition Law

The failure to provide an application can result in administrative fines: the FAS can impose fines of up to RUB 500,000 (US$ 8240) for legal entities and of up to 20,000 (US$ 329) for the chief executive officer for failure to file a pre/post completion notification. …

Fines

The FAS may issue binding instructions to undertakings. 

Under the Merger Guidelines, remedies can be both structural or behavioral must however be relevant to the transaction, commensurables with risks of competiton restriction, resonable and executable for the parties. It must be noted that the parties can also voluntarily present theire remedies when notifying or during the filing review. 

  The FAS is the only authority that may bring a civil action in court to obtain the invalidation of transactions if it proves that they may induce a restriction of competition. The mere fact of failing to submit an application cannot serve as a ground for the invalidation of a transaction. The invalidation can lead to the liquidation or the reorganization of the company.

Conditions and commitments - Divestiture

The failure to provide an application can result in administrative fines: the FAS can impose fines of up to RUB 500,000 (US$ 8240) for legal entities and of up to 20,000 (US$ 329) for the chief executive officer for failure to file a pre/post completion notification.

Global Competition Law

1216. Fines

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Les notions juridiques connexes

1216. Fines

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Les notions juridiques connexes

Demandez un accès gratuit
au contenu exclusif Livv – juristes d’entreprise