Vladimir Putin signed the Federal Law “On Amending the Federal Law“ On Protection of Competition”

18 March 2020, Wednesday

On February 20, 2020, the State Duma adopted and on February 26, 2020 the Federation Council approved the Federal Law “On Amendments to the Federal Law“ On Protection of Competition ”.

The federal law provides for fixing the legal foundations of the system of internal ensuring compliance with the requirements of antitrust laws, as well as establishing the procedure for organizing such a system.

In particular, the system of internal ensuring compliance with the requirements of antitrust laws may be voluntarily organized by an economic entity in order to reduce the risks of violation of antitrust laws by it. The draft internal act of an entity regulating the organization of such a system can be sent to the federal antimonopoly authority to give an opinion on its compliance or non-compliance with the requirements of antitrust legislation.

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