Russian Lawmakers Advance Merger Control Reform

Law360, New York (March 18, 2013, 4:35 PM EDT) -- Russian lawmakers have backed a plan to eliminate a requirement that companies involved in small- and medium-sized transactions file their deals for antitrust approval after closing, a move that may free up the country's competition watchdog to dedicate more time to more complex deals.

The State Duma unanimously passed the reforms, proposed by the Federal Antimonopoly Service, in a first reading on March 12, paving the way for the largely uncontroversial measure to be finalized in the coming weeks. The changes would mean that companies whose...
To view the full article, register now.