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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 about the ...

KARI SHOE CHAIN INITIATES LITIGATION WITH FAS OVER CONTEXTUAL ADVERTISING

... Moscow arbitration court (case no. A40-283677/2023). The firm demanded that the decision of the Federal Antimonopoly Service (FAS), adopted on September 14, 2023, be declared illegal. The antimonopoly authority refused to initiate a case of violation of ... ... 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 ...

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 the consumers ...

RUSSIAN BANKS VOTED FOR PROHIBITION OF ADS RELATED TO BANKRUPTCY

... organizations do not mention what risks face the citizens, who decide to get rid of debts through the procedure of out-of-court bankruptcy. Banks are in favor of fully informing Russians about all the aspects of this procedure, including the risks and negative consequences. The Association suggested that the FAS add amendments to the law "On Advertising" so as not to mislead the citizens. First of all, banks consider unacceptable promises to terminate financial ...

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