Medvedev Orders Renewed Competition Program

Russian Prime Minister Dmitry Medvedev ordered the government to renew the country’s current competition development program to the year 2015, after the anti-monopoly service presented a report on Thursday on competition in Russia .

“I order the government to work out and present proposals for changes to the Russian competition development program, and a schedule for implementation to 2015,” Medvedev told a government meeting.

Federal Antimonopoly Service (FAS) head Igor Artemyev said on Wednesday the Russian competition program had suffered from a lack of clarity of purpose and clear processes.

The four-year program, approved in 2009, stipulated easier ways for businessmen to enter any market, including lowering costs and improving access to infrastructure, but Artemyev was scathing about how little progress it had made .

“The program has not produced any results; it turned out to be meaningless document. The competition development program has suffered a complete fiasco in this country,” Artemyev said on Wednesday.


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