Russia: FAS investigation into public joint stock company MTS for allegedly violating Competition Protection Law
Progress
Current status
in force
14 Oct 2024 in force
Scope
Implementers
Russia
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
infrastructure provider: internet and telecom services
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Issued FAS ruling imposing a fine of 3 billion rubles of illegally obtained income to the state budget
On 14 October 2024, the Russian Federal Antimonopoly Service (FAS) required MTS, a Mobile network operator company, to transfer RUB 3 billion of illegally obtained income to the state budget. This follows an antitrust investigation in which MTS was …
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
competition authority