OREANDA-NEWS. August 09, 2013. The Head of the Department of the Federal Antimonopoly Service (FAS Russia) for Control over Industry and Defence Complex, Maxim Ovchinnikov, had a press-conference” “Joint business agreements: how to comply with the antimonopoly standards?”

Some joint business agreements between economic entities include provisions requiring agreement participants not to compete.

To clarify which agreements between economic entities are allowed and which breach the Federal Law “On Protection of Competition”, FAS has drafted the Explanations on the procedures and methods for analyzing joint venture agreements.

The Explanations specify certain criteria, according to which the antimonopoly authority analyses agreement between economic entities to verify whether they are allowed and determines the methods to analyze market characteristics of principal significance for agreement evaluation.