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Google agrees with basic terms of amicable agreement with Russian anti-trust regulator

In late February, Google turned to Russia’s Federal Antimonopoly Service with a proposal to conclude an amicable agreement

MOSCOW, March 30. /TASS/. Google Corp., that was accused by Russia’s Federal Antimonopoly Service (FAS) of violating the law on protection of competition, agrees with the proposed basic principles of the settlement agreement proposed by the regulator, Anatoly Golomolzin, deputy head of the FAS, told reporters.

"The basic principles we are guided by include implementation of the rulings, adoption of measures to eliminate violations and its consequences. This determines whether the agreement will be signed or not. As far as we understand, the company agrees with the basic principles, the details are being discussed," he said.

In late February, Google turned to the FAS with a proposal to conclude an amicable agreement. The head of the FAS, Igor Artemyev said on March 21 that the agency plans to agree on terms of the settlement agreement with Google within 10 days.

According to Golomolzin, "the work on the agreement has not been completed yet" and it is "on the stage of discussion."