News

Head of the Federal Anti-Monopoly Service: It is a great evil

Credit: kremlin.ru

Head of the Federal Anti-Monopoly Service Igor Artemyev was received by Vladimir Putin, presidential web page reported.

He specifically covered the cartel problems, pointing out that “Today we estimate the damage from cartel agreements in various commercial organizations, auctions and the economy in general at about 2% of the GDP. There are thousands of cartels; most of them are in the pharmaceutical industry and road construction. There is collusion in 80–90% of state auctions. It is a great evil that damages the national economy today, so we must fight it.”

Previous ArticleNext Article