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The General Superintendence of the Administrative Council for Economic Defense initiated an administrative inquiry on the 19th of February to investigate possible collusive conduct in the fuel resale market related to price increases in all states of the Federation.
The more literate the consumer, the more favourable the conditions for the formation of a competitive market are.
Digital Markets
Alexey Ivanov's speech opened the Antimopoly Forum at a business breakfast on the 18th of February.
At the backdrop of the rapid growth of platform economy and the development of new services and business models, the antitrust regulation is challenged by new forms of anticompetitive behavior. In order to protect fair competition and consumer rights, to promote healthy development of platforms, to encourage innovations and scientific regulation approach, the Antimonopoly Committee of the State Council of China issued the Antitrust Guidelines for Platform Economy (“the Guidelines”). The Guidelines are based on the Antimonopoly Law of China (“the AML”) and dedicated to clarify the principles of antitrust regulation in the context of digital industry.
This year on February 12th we celebrate the beginning of a new year on the lunar calendar – the Spring Festival. Not just a new year begins, the spring season comes, bringing new life to nature and new inspiration to people.
On the 7th of February, SAMR has issued new guidelines on the platform economy business' activity that formalized an antitrust bill issued in November. These new rules target the largest internet platforms and are intended to clarify a number of monopolistic practices that regulators are preparing to tackle.
On February 4, 2021, the first meeting of the UNCTAD Anti-Cartel Working Group took place. The meeting was attended by Alexey Ivanov, Director of the BRICS Antimonopoly Center, and Anna Pozdnyakova, Research Fellow of the Center.
On February 2, Bytedance’s video app Douyin (Chinese version of Tiktok) officially complained to Beijing IP Court against Tencent’s monopolistic practices. The case attracted much attention both in China and abroad, being a first antimonopoly complaint in the internet industry since the release of Draft Antitrust Guidelines for Platform Economy (to solicit public opinion).
On the 2nd of February CADE has ended, a process involving cartel in the automotive aftermarket and original parts (Original Equipment Manufacturer or OEM) markets.
Yandex.Taxi announced the purchase of part of the "Vezet" Group's assets for $ 178 million. Earlier, FAS blocked the deal, but now the parties claim that they have revised its structure and there is no longer a need to request permission for it.
Mergers Transportation
On January 20, the People’s Bank of China released the Draft Regulations for Non-Banking Payment Systems to solicit public opinion. The Draft Regulations set a ‘red line’ for third-party payment platforms and are widely considered an antitrust measure, ‘aimed directly at tech giants’.
President of the Administrative Council for Economic Defense, Alexandre Barreto, gave an interview to the Regional Competition Center of the Organization for Economic Cooperation and Development (OECD) in Latin America. During the conversation, which was published in the December 2020 newsletter, Barreto addressed the municipality's achievements in recent years and issues such as national cooperation and challenges arising from the pandemic.
Russian FAS has imposed fine on Google based on paragraph 7 of Article 7 of the Law on Advertising, which forbids the advertising of goods for the production and (or) sale of which a license or other special permits are required, in the absence of such permits.
Administrative Council for Economic Defense approved the acquisition of a set of medicines from Takeda Pharmaceuticals International by Hypera on the 20t of January. The deal involves the holding and commercialization, by Hypera, of product lines such as Dramin, Nebacetin, Neosaldina, Eparema, Xantinon, Nenê-Dent, Albocresil, Venalot, Ad-Til, Alektos and Nesina. The endorsement of the operation was conditioned to the signing of an agreement, which removes competitive concerns.
The Eurasian Economic Commission received statements regarding the potential signs of violation of antimonopoly legislation by Yandex and
On the 30th of December 2020, Economic Studies Department of the Administrative Council for Economic Defense released the working document titled - "Measuring the expected benefits of CADE's performance in 2019".
Experts from the National Research University Higher School of Economics (NRU HSE) have developed a ten-step plan for the transformation of the selection and seed industry in Russia, aimed at increasing the competitiveness of the agro-industrial complex. A corresponding report entitled "Selection 2.0" was presented at a round table in the "Rossiyskaya Gazeta" with the participation of heads of breeding companies and specialised state institutions.
On the 21st of December 2020, the Administrative Council for Economic Defense approved with restrictions the acquisition of assets of Sacel - Surveillance and Securities Transportation Services by Prosegur.
The State Administration for Market Regulation of China announced on December 24 that it had launched an antitrust investigation into Alibaba Group for the alleged forcing of exclusive dealing, so called “either-or” choice.
The Indian government has imposed a penalty for not providing mandatory information about the products sold on its platform by Amazon, the leading e-commerce sector company.
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