16.05.2017

Google paid a fine for the violation of antitrust law in Russia

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The trial that lasted over two years in connection with the violation by Google of Russian antitrust law resulted in the conclusion in April 2017 of a settlement agreement with the Federal Antimonopoly Service (FAS Russia).

On 9 May 2017 Google Inc. paid an administrative fine in the amount of 438,067,400 rubles imposed by FAS Russia for the violation of Article 10 part 1 of the Federal Law "On Protection of Competition" (abuse of dominant position). In addition, Google is obliged to pay fines in the total amount of 1 million rubles for a failure to comply with the prescription of FAS Russia in full and on time.

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Contacts:

Yana Dianova

Director of Corporate and Commercial Law Department

GRATA International Law Firm (Moscow)

Ph.: +7 (495) 660 11 84

E-mail: ydianova@gratanet.com