Russia Opens Door To Criminal Antitrust Penalties

Law360, New York (November 5, 2009, 6:07 PM EST) -- Antitrust violations in Russia can now be treated as a criminal offense punishable by up to six years in jail under a measure introduced by the country's Federal Antimonopoly Service.

The competition regulator said in an Oct. 30 statement that Article 178 of the Russian criminal code, which went into effect the same day, allowed law enforcement agencies to file criminal charges against individuals accused of preventing, restricting or eliminating competition.

Criminal charges will only be initiated in cases where where the accused person violated antitrust...
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