Russia proposes fines for online marketplaces that pressure sellers on pricing
AI Summary
Russia is taking steps to protect small and medium-sized businesses by proposing fines for online marketplaces that exert pricing pressure on sellers. The Economic Development Ministry's draft amendments aim to ensure fair competition and prevent monopolistic practices, which could help level the playing field for all market participants. This move is significant as it addresses concerns about market dominance by large platforms and could reshape the e-commerce landscape in the country.
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