No criminal responsibility for violation of competition rules in EEU

"According to the agreement on the Eurasian Economic Union as of May 29, 2015, there is no criminal responsibility for violation of competition rules. Belarusian legislation provides for punishment of violations in this sphere by means of deprivation of right to hold specific posts over the period up to two years or imprisonment from two to five years. Kazakhstan's legislation provides for deprivation of freedom from three to seven years with the confiscation of property or without for the violation committed in this sphere. Russian has both types of punishment for violating anti-monopoly policy providing for deprivation of right to hold specific posts from one to three years or imprisonment from three to seven years," A. Mukhamediyeva told. The Eurasian Economic Commission will be preventing any violations having a negative effect on competition in trans-border markets.