Practice of Vertical Interactions Regulation: Analysis of Vertical Restraints through the Lens of "Coordination of Concerted Practices"

Abstract

The article discusses the recent practical results of vertical restraints regulation in Russia. Despite of the apparent similarity of Russian and EU vertical restraints regulation, the practical results of their application differ. The reason is the continuing confusion of horizontal and vertical agreements regulation and the prohibition of vertical restraints totally on the ground that they have anticompetitive consequences paying no attention to their positive effects. The antitrust regulation which prohibits «coordination of concerted practices» displaces other vertical restraints regulations. The article also argues against the growing practice of proscription of distribution systems through appointed dealers.