Russia: Growing Threat of Monopolization of Domestic Crab Sector
A threat of monopolization of the crab sector in Russia is growing as the largest local players have significantly increased their share during the auctions conducted in 2019 and continue their expansion in the domestic market at present.
As analysts of the Accounts Chamber said in their report, the crab auctions, conducted in 2019 and which led to the allocation of RUB 140 billion to the state budget, were not efficient enough.
According to auditors, instead of attracting new players to the industry, most leading local producers only increase...
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