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EEC to conduct eight investigations in transboundary markets in 2020

EEC to conduct eight investigations in transboundary markets in 2020

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2/28/2020

The investigation will affect the markets of medical equipment and services, pharmaceuticals, retrieve services and video content placement on the Internet. This was discussed at a meeting of heads of antitrust (competition) authorities of the Eurasian Economic Union countries, chaired by Serik Zhumangarin, EEC Minister in charge of Competition and Antitrust Regulation, held on February 28 at the Commission's headquarters in Moscow.

The meeting attendees exchanged experience in the sphere of law enforcement practice for monitoring compliance with competition rules. Aleksey Sushkevich, Director of the EEC Antitrust Regulation Department, told about the Commission's independent investigations. According to him, the Commission has scheduled eight investigations in the Union’s transboundary markets this year.

During the event, there was an exchange of views on establishing fair tariffs in international roaming across the EAEU Member States. The attendees considered several scenarios for resolving the issue, including a draft Action Plan providing for mutual reduction of inter-operator roaming tariffs, formation of updated roaming tariffs, cancellation of fees for incoming voice calls in roaming as well as development of measures to prevent and suppress fraud when transferring international traffic.

The Russian Competition Authority has submitted proposals for developing exchange trade across the EAEU. They consist in developing coordinated approaches aimed at developing stock trading and applying exchange (non-exchange) indicators across the Union. Implementing the idea of developing a common exchange market for goods will play a positive role in ensuring pricing visibility, availability of market tools for a wide range of trade participants and saving transaction costs.

Competition in the markets of life-saving medications was one of the consultation's key topics. The meeting attendees proposed to discuss with experts of national regulators in health care creating a single registration authority for medicinal products based on the European Union’s experience. The Armenian side proposed creating a single platform for exchanging analytics and research on commodity markets that are of mutual interest to the five competition authorities. It is required to improve information exchange between competition authorities.​