Competition and Antitrust regulation

Member of the Board – Minister in charge of Competition and Antitrust Regulation Ermolovich Maksim

News on «Competition and Antitrust regulation»

10 Jun 2024 Maksim Ermolovich spoke at several SPIEF-2024 venues On June 6, Maksim Ermolovich, Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission, took part in the session “EAEU Exchange Commodity Market: Price Indicators as a Driver of Integration”. The event discussed implementing the idea to create a supranational system of price indicators in the Eurasian Economic Union Member States and observer countries. “I am confident that the volume and nomenclature of goods, primarily raw materials, which circulate in the “five” market even today make it possible to create a supranational system of price indicators,” the EEC Minister said.  Following the session, the heads of commodity exchanges of Belarus, Kazakhstan, Kyrgyzstan, Russia and Uzbekistan signed an Agreement on creating an international exchange system of commodity market indicators. On June 7, Maksim Ermolovich spoke at the session “Regulation of Marketplaces: A Necessity or a New Stimulus for Development”. “Regulation should not lead to barriers and violation of competition rules in transboundary markets. The EEC Competition Unit is ready to proactively coordinate the work on regulating marketplaces in the Union market,” the Minister emphasized.  The session attendees supported the key conclusion on the need to regulate e-commerce market. Along with that, it is noted that when introducing regulatory norms, the balance of interests of all market participants should be observed, including sellers, buyers, pickup points and marketplaces, which will ensure the consumer rights protection and the possibility of a wide choice at reasonable prices.
05 Jun 2024 Maksim Ermolovich: “Digital technologies open up new opportunities for trade, shaping a request for creating and promoting sustainable and fair business behavior practices, with due regard to the interests of society” On June 5, Maksim Ermolovich, Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission, attended the thematic session “Eurasian Digital Union” as part of the TIBO-2024 Forum in Minsk. The attendees discussed relevant aspects of ensuring four freedoms for the Eurasian Economic Union's citizens, developing competition in the context of digitalization, as well as the status and objectives of digital transformation of technical regulation. Maxim Ermolovich focused on the issue of regulating marketplaces, as large players can abuse their position in the market, suppressing competition and limiting consumer choice. The main problems faced by regulators and legislators in the EAEU States were discussed as well: market dominance, transparency and data protection, liability and content control, taxation of marketplaces, consumer rights protection, and compliance with competition rules in new markets. “Despite all the regulatory challenges, online platforms have opened up access to global markets, giving companies the opportunity to compete freely in the global economic environment. It is them, challenging traditional models, that force us to rethink and develop new well-balanced rules and laws that take into account the interests of all parties: users, sellers and the platforms themselves,” the EEC Minister said.
04 Jun 2024 EEC reported on state of competition in transboundary markets The Eurasian Intergovernmental Council approved the annual report of the Eurasian Economic Commission on the state of competition in transboundary markets and measures taken to suppress violations of general competition rules therein for 2023. During the reporting period, the Commission continued to monitor compliance with the general competition rules in the EAEU transboundary markets within the procedures carried over from previous periods, as well as in terms of reviewing incoming applications and materials. Applications received in 2023 concern the construction, pharmaceutical, chemical and food sectors of the EAEU States' economies. The report provides detailed information on all 15 applications and materials submitted to the Commission. The largest number of signs of violations of the Union's law concerned unfair competition – there were 10 such materials. There were signs of abuse of dominant position in four of them and signs of anticompetitive agreement in one of them. In 2023, the Commission conducted 8 investigations, issued one caution, and 11 cases were pending. After considering the cases, 7 decisions were adopted by the Commission's Board. Besides, the report reflects the results of considering notifications on introduction of state price regulation in the Union countries' commodity markets. It contains information on improving the EAEU law and the Member States' legislation in the field of competition and antitrust regulation. A separate block covered the activities of the Commission on Competition Advocacy and International Cooperation. The annual report on competition approved by the Intergovernmental Council will be posted on the Union's official website.
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Decisions on «Competition and Antitrust regulation»

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04/22/2024 12:00:00 am Решение Совета ЕЭК № 54 О некоторых вопросах применения таможенной процедуры временного ввоза (допуска)
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05/29/2024 12:00:00 am Решение Совета ЕЭК № 53 О проекте распоряжения Евразийского межправительственного совета «О докладе за 2023 год о создании и развитии транспортной инфраструктуры на территориях государств – членов Евразийского экономического союза в направлениях «Восток – Запад» и «Север – Юг», в том числе в рамках сопряжения с китайской инициативой «Один пояс – один путь» (включая информацию о реализации поручения Евразийского межправительственного совета от 21 июня 2022 г. № 8)»
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05/29/2024 12:00:00 am Распоряжение Совета ЕЭК № 14 О проекте Протокола о внесении изменений в Договор о Евразийском экономическом союзе от 29 мая 2014 года в части, касающейся особого механизма при проведении расследований и принятии решений о применении или неприменении специальных защитных, антидемпинговых и компенсационных мер
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05/28/2024 12:00:00 am Решение Коллегии ЕЭК № 62 О перечне товаров, не подлежащих пересылке в международных почтовых отправлениях
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05/28/2024 12:00:00 am Решение Коллегии ЕЭК № 61 О наличии нарушения общих правил конкуренции на трансграничных рынках

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