Published
01/24/2025, 08:47The Council of the Eurasian Economic Commission (EEC) has approved amendments to the Methodology for Calculating and Imposing Fines for Violations of General Rules of Competition in Cross-Border Markets, and updated the Procedure for Handling Cases of Such Violations.
Now, offenders will face fines for failure to comply with the Commission's decisions aimed at eliminating violations and restoring competition conditions. In particular, it concerns the so-called “behavioral conditions”, which the Commission imposes on the offending companies based on the results of the consideration of cases.
The amendments provide for enhanced control over the fulfillment of such conditions. If the offender fails to comply with them within the prescribed period of time, the Commission will initiate proceedings, bypassing the investigation stage. Depending on the composition of the offense, the offender will be subject to fines, the maximum amount of which in some cases reaches 700 thousand Russian rubles.
These measures are aimed at strengthening control over compliance with competition rules and preventing violations in cross-border markets of the Eurasian Economic Union (EAEU).