Russia: Issued Federal Antimonopoly Service ruling imposing a fine of 3 billion rubles of illegally obtained income to the state budget
Description
Issued Federal Antimonopoly Service 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 …
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
infrastructure provider: internet and telecom services
Implementation Level
national
Government Branch
executive
Government Body
competition authority
Complete timeline of this policy change
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2024-10-03
under investigation
2024-10-14
in force
2025-11-13
under investigation