A Supreme Court ruling will reduce the potential for local administrations to engage in suspicious land deals
Initially, a company was given a huge area of land on a leasehold basis, on a tenth of which it built a shopping centre. As the owner of the centre, it then bought out all the land without going through a bidding process, intending, with approval from the local administration, to build a supermarket there. The Antimonopoly Service's objections were dismissed by two lower courts, but the latter have now been corrected by the Chamber for Commercial Disputes. Lawyers explain what public owners can now expect, and why the Supreme Court's ruling was fair.
