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THE FEDERATION COUNCIL APPROVED FINES OF UP TO 1.6 MILLION FOR "INCORRECT" ADVERTISING OF LOANS

The Federation Council has approved a law providing for tougher liability for banks and microfinance organizations for advertising loans in violation of the law. The initiative also establishes responsibility for spam calls. Employees of banks and microfinance organizations who do not indicate the full cost of consumer credit in advertising face a fine of 40 to 100 thousand ...

KARI SHOE CHAIN INITIATES LITIGATION WITH FAS OVER CONTEXTUAL ADVERTISING

... is estimated by experts at 12%. The Zenden network is in second place with a 4% market share. In 2022, the company's net profit reached 537.6 million, while Kari's figure was 10.4 billion. The basis for contacting the FAS from Kari was the contextual advertising of a competitor. The Clothing House, which manages the Zenden shoe store chain, placed an advertisement in Yandex that appeared on the keyword query kari in the search results. Since the exclusive rights to the kari brand belong to the Kari ...

THE ADVERTISING OF BANKRUPTCY SERVICES DID NOT LIKE THE UFAS

Illegal advertising of bankruptcy services for individuals was identified by the employees of the Federal Antimonopoly Service in the city of Blagoveshchensk. The department decided that the information in the advertisement inclines citizens to erroneous judgments ...

Advertising of breast milk substitutes may be banned in Russia

The State Duma will consider an initiative to ban advertising of breastfeeding substitutes and limit the promotion of nutrition for children under one year old. The authors of the initiative expressed the opinion that such products should not be presented as an equivalent substitute for breastfeeding,...

FAST FOOD ADVERTISING MAY BE LIMITED IN RUSSIA

... proposal came from the head of the Institute for Social Research and Development of Civil Initiatives Maxim Petunin. It has been noted that the fast food abuse can cause serious health problems. According to RT, Petunin proposed limiting fast food advertising, namely, introduction of a ban from 8 am to 11 pm on references to fast food on television and radio. It is proposed to extend these measures to the Internet, printed publications, as well as outdoor structures. In some foreign countries, ...

MORE THAN A HUNDRED THOUSAND COMPANIES DECIDED TO SUE GOOGLE

... billion against the American multinational corporation Google. Its authors are 130 thousand companies-developers of websites and applications. This is reported by TechCrunch. The statement indicates that the company abused its superiority in the online advertising market, exposed its prices and conditions. This led to the fact that organizations unable to abandon Google tools suffered losses. We are talking about 40% of advertising revenue that has been lost since 2014. The tech giant considered the ...

FAS declared bankruptcy advertizing illegal

The employees of the Federal Antimonopoly Service (FAS) assessed the actions of two law firms, advertising bankruptcy proceedings. Both times violations were revealed in the actions of legal entities, and the materials for further bringing to administrative responsibility were submitted to the court. In the first case, it was about misleading ...

FAS latched on to the fake liquidation of Sunlight company

For several years in a row, Sunlight jewelry chain has been preparing customers for its liquidation, distributing advertising on almost all channels. Advertising that has already made the public sick and tired has been turned into an Internet meme by the users. The company giving ‘everything for free’ was compared to an ex-boyfriend who could not leave his beloved....

CINEMAS OBLIGED TO INFORM THE AUDIENCE ABOUT THE DURATION OF PROMO VIDEOS PRECEEDING THE FILM

The Prime Minister Mikhail Mishustin approved a decree establishing the obligation of cinemas to inform viewers about the duration of advertising videos before the film screening. The document was adopted to replace the existing one and is intended to improve the legal regulation of the industry. The decree contains the rules for the provision of services for the screening of films,...

RUSSIAN BANKS VOTED FOR PROHIBITION OF ADS RELATED TO BANKRUPTCY

The Federal Antimonopoly Service received an appeal from Russian banks – their representatives demand amendments to the law on advertising in order to protect individuals from the consequences of simplified bankruptcy. Now many organizations declare this service as a "bailout from debt", without specifying the way it threatens Russians. As it was reported by RIA ...

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