Maxim Ermolovich: “Closer interaction between antitrust authorities at the EEC venue helps increase the efficiency of investigations”

Improving the law of the Eurasian Economic Union to increase the efficiency of investigations into anti-competitive cases was discussed at a meeting on April 15 by Maxim Ermolovich, Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission, and Maxim Shaskolsky, Head of the Federal Antimonopoly Service of Russia.

“We are working closely with national competition authorities; there are issues that have to be addressed in more detail,” said the EEC Minister. Maxim Ermolovich noted the need for a more active discussion at the EAEU expert platforms of competence issues when conducting investigations in cross-border markets.

“The EEC has an important role in solving the problems of ensuring the effective functioning of the EAEU markets on the principles of fair competition; for its part, the FAS Russia is ready to assist the Commission in all areas of joint work,” emphasized Maxim Shaskolsky.

They also considered the agenda of the 5+1 meeting by the heads of antitrust authorities of the participating states, which will be held in the Republic of Belarus. The importance of the activities carried out by the FAS Russia as the presiding party in the Interstate Council for Antimonopoly Policy was noted.

The parties reaffirmed the need to mutually support joint initiatives on international platforms.