Thursday, September 29, 2011

Major retail ban open new stores

Legislation Rules igry17-07-2009 Major retail banned from opening new stores Passion of the notorious "Trade Act" again flared up. The fact that the bill appeared amendment actually prohibits large grocery retailers to open new stores. Retailers unhappy with the measure, believing that she obessmyslit their business. Apparently, the debate on the bill, which argued for five years, will continue? The Russian authorities want to limit the growth of large retail chains. In the celebrated "the Trade Act" appeared amendment actually prohibits large grocery retailers to open new stores. Namely, Article 16 of the bill appears, which bans online to buy new shopping area, if its annual sales exceed 1 billion rubles. And a market share of more than 25% within the urban county or municipal district, as well as in Moscow and St. Petersburg. Retailers that fall under these conditions, may not acquire for the purpose of trading activity on any grounds additional shopping area, including through the introduction of new retail facilities, and to bid on their acquisition ", - the document says.

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