Protection against Unfair Competition in the Russian Federation and Cooperation within BRICS

Abstract

BRICS is one of the most significant geopolitical events of the early XXI century. It plays a significant and ever-growing role in world politics and international relations. BRICS member countries have decided to use conjoint approaches to solve the most important problems in the development of medium-sized enterprises and competition policy. For this reason this article is devoted to the questions relevant to the notions“unfair competition,”“competition” and its correlation, distinguish with the contiguous notions. In the literature are deduced the different characteristics of unfair competition such as acts aiming to obtain advantages through entrepreneurial activity, incursion and potential losses for entities — (competitors), arising as a result of said acts. It is set out special features of the legal regulation the competition and the struggle against unfair competition by the laws of the Russian Federation. For instance, it includes some provisions common for both institutions of protection against unfair competition and protection against monopoly activity. It also describes different patterns of the competition law, for example, American and European, which are traditionally distinguished in the scientific legal literature. Russian lawmakers on the whole have adopted the European system of antitrust regulation (the restriction and control of monopoly activity). However, the Russian legal regulatory system against unfair competition has its specific features. In particular, it is based on the plurality of resources that have different legal validity and are linked to different branches of law. Moreover, this article is considered the problems of protection against acts of unfair competition are widely covered in the legal practice, classification of legal protection forms (factual and juridical, jurisdictional and not jurisdictional, public and private, etc.).