I came across this short article from Bllomberg:
By Maria Kolesnikova
As a person who strongly believes in markets, I found myself loving this idea. Although it is sold here as a measure to promote cheaper prices for consumers, I think it does much more. It is essentially promoting Ben Franklin's idea of a nation of small shopkeepers (although a 25% share is much more than Franklin envisioned). A market with many competitors creates competition, fosters innovation, and does a more effective job of ensuring distribution of wealth through business ownership or better wages. The idea itself is not new and we have had anti-monopoly laws on our books for a century. Still, this is something unique in that it takes it down to the local level. I would like to see something similar discussed in this country.Dec. 30 (Bloomberg) -- Russian President Dmitry Medvedev has signed a law to limit the expansion of retail chains, a measure lawmakers said will promote cheaper prices for customers.
The law, published today in the official bulletin Rossiyskaya Gazeta, takes effect Feb. 1.
Chains with more than 25 percent of their sales in a particular region will be banned from acquiring additional retailing space, according to the regulation.
Those operating nationwide will be subject to the restrictions as of Feb. 1. For chains operating in a certain city or a municipal district, including Moscow and St. Petersburg, the law will take effect as of July 1.