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General

Russian government supports capping foreign ownership of IT companies at just under 50%

Monday 21 October 2019 | 17:28 CET | News
The Russian government supports a draft law to limit foreign ownership of major national IT companies to 50 percent minus one share, according to a parliamentary website, Reuters reported. Initial proposals had seen ownership capped at 20 percent.

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Categories: General
Countries: Russian Federation
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