The new law is unfair to trade, according to domestic retailers
The Law "On the Fundamentals of State Regulation and Development of Trade Activities in the Russian Federation", which entered into force on February 1, gives an advantage to foreign players working mainly in large formats, said the main owner and general director of Magnit OJSC, one of the largest Russian retailers, Sergey Galitsky. "They will decide abroad where, on which shelf the goods of domestic manufacturers will stand," Galitsky said in an interview with the Kommersant newspaper.