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Russia Opens Door To Criminal Antitrust Penalties

Law360, New York (November 05, 2009) -- Antitrust violations in Russia can now be treated as a criminal offense punishable by up to six years in jail under a measure introduced by the country's Federal Antimonopoly Service.

The competition regulator said in an Oct. 30 statement that Article 178 of the Russian criminal code, which went into effect the same day, allowed law enforcement agencies to file...

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