16.05.2017

G o o g l e   p a i d   a   f i n e   f o r   t h e   v i o l a t i o n   o f   a n t i t r u s t   l a w   i n   R u s s i a  

The trial that lasted over two years in connection with the violation by Google of Russian antitrust law resulted in the conclusion in April 2017 of a settlement agreement with the Federal Antimonopoly Service (FAS Russia).

On 9 May 2017 Google Inc. paid an administrative fine in the amount of 438,067,400 rubles imposed by FAS Russia for the violation of Article 10 part 1 of the Federal Law "On Protection of Competition" (abuse of dominant position). In addition, Google is obliged to pay fines in the total amount of 1 million rubles for a failure to comply with the prescription of FAS Russia in full and on time.

Read more:

Contacts:
Yana Dianova
Director of Corporate and Commercial Law Department
GRATA International Law Firm (Moscow)
Ph.: +7 (495) 660 11 84
Locations
Author: Yana Dianova
Location:
Moscow, Russia
Industry:
Banking & Finance
Industry & Trade
Practice area:
Contracts
Corporate
Data Protection & Privacy
Employment
Finance and Securities
Intellectual Property
Project Finance & Public-Private Partnership (PPP)
Subscribe to our newsletter for the latest news and insights: