Unification of the Laws "On Competition" and "On Natural Monopolies" is planned
The Antimonopoly Committee began a discussion of a draft Law “On Competition” in a new edition.
In the new edition, it is envisaged a unification of two laws “On Competition” and “On Natural Monopolies”.
Experts of the Committee proposed to include certain articles that are not provided in the applicable law:
- principles of competition;
- introduction of the concept of state aid, monopsony (a situation in the market where a single buyer interacts with a multitude of sellers, dictating to them the price and volume of sales);
- digital markets;
- antimonopoly regulation of trading activities;
- antimonopoly compliance (threat countering and risk management system).