OREANDA-NEWS. July 14, 2011. “Only Judicial Authorities have the right to decide what is fair and what is not. Any company can challenge FAS Russia’s decisions at a court of law”, stated the Head of the Federal Antimonopoly Service (FAS Russia) Igor Artemyev, opening the Second Russian – American Conference “Specifics of Legal Proceedings on Antimonopoly Cases”, reported the press-centre of FAS Russia.

According to the Head of FAS Russia, monopolism and collusion between government officials and businesses constrain development of Russian economy.

Igor Artemyev believes that robust efforts of the antimonopoly authority and judicial community are changing the contract practice of many companies. “It is necessary to get rid of the heritage of the USSR, excessive monopolization of Russian economy. National economy should become more adaptive, and loyal towards domestic enterprises”, thinks Mr. Artemyev. Russian - American conference is organized with support of FAS Russia, the Supreme Arbitration Court of the Russian Federation, and the Embassy of the United States of America in Moscow.

Russian and American experts on antimonopoly law took part in the Conference: representatives of Russian judicial community, federal authorities and their American colleagues, as well as members of staff of law firms and universities.

During the two-day conference its participants discussed the issues related to development of unified judicial approaches to interpretation of the antimonopoly law, main directions of development of Russian competition law, enforcement practice of antimonopoly investigations, etc.