The Russian government supported the bill on state regulation of markets. The State Duma will hold the first reading of the document in June. The project, in particular, establishes the rule that the total cost of all services provided to the seller cannot exceed 10% of the cost of goods sold.
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The Cabinet of Ministers supported the bill on market regulation proposed by Senator Andrei Kutepov and Deputy Vladimir Gutenev. TASS reported this with reference to Kutepov.
The project will introduce general government regulation for all markets and separate ones for those whose market share exceeds 20%. At the moment, it is Wildberries and Ozon.
According to the document, markets with a market share of more than 20% will be prohibited from imposing restrictions on the activities of counterparties on other sites and not changing working conditions with sellers and owners of collection points without notifying them with 30 days in advance.
It is also proposed to prohibit the imposition of additional services not related to electronic commerce and to make sales at no cost to the seller. In addition, the bill establishes the rule that the cost of services provided to the seller cannot exceed 10% of the cost of the goods.
The document is scheduled to be sent for first reading to the State Duma in June 2024. If the bill is approved, its provisions will come into force on March 1, 2025.
Author:
Kirill Bilyk
Source: RB
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