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Wildberries, Ozon and "Belposhta" recognized as dominant in Belarus

Now their tariffs must have economic justification.

Photo: Maksim Konstantinov / SOPA Images / LightRocket via Getty Images

The Ministry of Antimonopoly Regulation and Trade (MARRT) analyzed two markets: services of online platform owners and services providing access to a unified automated system for accounting postal items.

Following the inspection, IMVBRB LLC, representing the Wildberries marketplace, as well as a group of entities comprising OZON Market Bel LLC and Internet Solutions LLC (the Ozon marketplace) were included in the register. They are listed under the position "services of online platform owners."

RUE "Belposhta" was included in the register under a different position — "services for providing access to a unified automated system for accounting and storing data on the movement of registered postal items."

For all these companies, a method of price regulation has been established — the procedure for setting and applying tariffs. This does not mean that MARRT is introducing a specific price cap or a fixed rate. Entities still independently set their selling prices.

However, they now need to develop and approve an accounting policy in the field of pricing, as well as prepare an economic justification for the prices applied in the form of a planned calculation with a breakdown of cost items. In other words, tariffs must not merely be assigned, but calculated and substantiated.

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