seagull flying from single opened window of office building

Law with a personal touch

Our work is driven by enthusiasm, inspiration
and a personal touch in all we do.

Old russian church between two modern skyscrapers. May be used as contrasts concept.

International standards with
local appliance

While aspiring to European standards
and innovative approaches to legal practice,
we are essentially a Russian law firm and know
how to apply the best international legal
practices in local conditions.

traffic sign standing on the skyline

Working with clients all
around the world

Our local expertise as a national law firm
and the global experience of our extensive
network of international partners mean we
are able to work with clients not only in Russia,
but also in Europe, North and South America,
Asia, Africa and Australia. This gives us
a unique opportunity to adopt the best Russian
and international practices in projects all over
the world.

Colorful shoal of fish over massive coral reef, Caribbean sea

Identifying unique
characteristics in every
business

We devote a great deal of attention to the
distinctive characteristics and unique
features of each business and each project,
providing individually tailored and smart
solutions to meet all the client’s requirements
and expectations.

Social responsibility and
civil standpoint

We feel responsible for those around
us and the world in which we live – we
provide charitable aid, work with
educational institutions and render pro bono
services. We maintain an active civil
standpoint and support the principles of
environmental and labor protection.

Law with a personal touch

Our work is driven by enthusiasm, inspiration
and a personal touch in all we do.

Old russian church between two modern skyscrapers. May be used as contrasts concept.

International standards with
local appliance

While aspiring to European standards
and innovative approaches to legal practice,
we are essentially a Russian law firm and know
how to apply the best international legal
practices in local conditions.

traffic sign standing on the skyline

Working with clients all
around the world

Our local expertise as a national law firm
and the global experience of our extensive
network of international partners mean we
are able to work with clients not only in Russia,
but also in Europe, North and South America,
Asia, Africa and Australia. This gives us
a unique opportunity to adopt the best Russian
and international practices in projects all over
the world.

Colorful shoal of fish over massive coral reef, Caribbean sea

Identifying unique
characteristics in every
business

We devote a great deal of attention to the
distinctive characteristics and unique
features of each business and each project,
providing individually tailored and smart
solutions to meet all the client’s requirements
and expectations.

Social responsibility and
civil standpoint

We feel responsible for those around
us and the world in which we live – we
provide charitable aid, work with
educational institutions and render pro bono
services. We maintain an active civil
standpoint and support the principles of
environmental and labor protection.

Sergei Bakeshin has commented for the Kommersant on X5 Retail Group exceeding market share limit

15.04.2021

|By maximapublisher

Sergei Bakeshin - Counsel

According to preliminary estimates of experts of the Federal Antimonopoly Service, the biggest Russian retailer X5 Retail Group may increase its market share in StPetersburg up to 30%. However, the law on trade prohibits retail chains from renting or acquiring additional space when they reach a 25% share within the boundaries of a region or municipality, but leaves the possibility to replace retail facilities within closed areas. In 2019, for example, X5 Retail Group expanded its market share to 27% by acquiring 18 O’Kay supermarkets and getting some space from the outgoing Food Exchange retail holding.

Sergei Bakeshin, senior associate at Maxima Legal, told the Kommersant newspaper that exceeding the threshold of 25% would not by itself breach the antimonopoly law and does not impose an obligation on the retailer to close shops or cut its sales.

To read the full article (in Russian), please see the Kommersant newspaper website >>>