Legislation Addresses Competition and Price Issues in Wholesale and Retail Food and Beverage Sector

February 28, 2010
On February 1, 2010, a new Russian law, “On basics of trade activity regulation in the Russian Federation” No. 381-FZ of December 28, 2009 (the “Law”), came into force that will significantly affect both the wholesale and retail food and beverage sectors in Russia. While the Law is mostly aimed at supporting domestic producers, there is also a significant anti-monopoly component, including restrictions on sudden price increases and regulation of expansion of both wholesale and retail chains into other regions.