FAS saw advantages for competition in the departure of foreign brands

After the departure of foreign brands, the situation with competition in some industries even improved, Alexei Shaskolsky, head of the Federal Antimonopoly Service (FAS), told Vedomosti on the sidelines of the Eurasian Economic Forum. Russian manufacturers have received an impulse to develop, for example, in the production of furniture and food, he noted. According to him, industries that produce demanded goods in Russia are developing successfully.

At the same time, competition, for example, in the automotive market depends on the effectiveness of the restructuring process, the head of the department noted: “This is a complex technological issue. Very large measures are being taken. It is important that the factories work fully, new logistics are built.” In general, the departure of foreign companies from the Russian market did not affect the level of competition in the country, the head of the department believes.