Google paid a fine for the violation of antitrust law in Russia
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.
Director of Corporate and Commercial Law Department
GRATA International Law Firm (Moscow)
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