The Russian Union of Insurers breached competition law

The Federal Antimonopoly Service recognized that the Russian Union of Insurers breached competition law by setting the threshold level of remuneration of agents for the implementation of compulsory civil liability motor at a rate of 10% of the premium, told RIA Novosti news service departments. "RSA is recognized violated Part 3 of Article 11 of the Law on Protection of Competition regarding the coordination of economic activity, that is to harmonize the efforts of insurers," - a spokesman said. Antitrust case against the Union, FAS initiated in June of this year. Then the office called attention to the fact that the SAR has the right to establish mandatory for members of the union rules of professional activity. However, the definition Union standard level of commission agents, according to FAS, may be regarded as coordination of economic activities of economic entities, including the pricing of services. Portal Bank.ru Materials Rihanna.