Russia’s Federal Antimonopoly Service has told the press that it has the support of the Government Commission on Monitoring Foreign Investment in its claim to overturn the Telenor-Weather deal. The Commission is chaired by Vladimir Putin.
In February, Telenor had increased its voting stake in Vimpelcom through a deal with Weather. The FAS’s challenges the deal as a violation of the Russian Strategic Investment Law.
Full content: Reuters
Related content: Competition Policy in Russia: Historical Sources, the Current State, and Evolutionary Perspectives (Yuri Rubin, Moscow University of Industry and Finance, Sovremennaya Konkurentsia & Denis Matvienko, Moscow University of Industry and Finance)
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