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. Last Updated: 07/27/2016

Russia Journal Files Complaint

The publisher of The Russia Journal has filed a complaint with the Anti-Monopoly Ministry accusing Independent Media of "monopolistic and anti-market" activities.

The complaint accuses Independent Media -- parent company of The Moscow Times and about a dozen glossy magazines, including the Russian versions of Cosmopolitan and Playboy -- of "colluding with major U.S. and European publishers to illegally dominate both the English- and Russian-language print market in Russia," said a statement from Norasco Publishing Ltd.

Irina Silayeva, a member of Independent Media's board of directors, said the company's advertising and distribution strategies and policies are in compliance with global practice and Russian law. "We are not breaking the law. We are not monopolists," Silayeva said.

Ajay Goyal, chairman of Norasco Publishing and former editor of The Russia Journal, an English-language weekly, disagreed. "Independent Media has been pushing us against the wall. I consider we have lost $2.5 million because of these practices of Independent Media," Goyal said in an interview Friday. "Somebody has to pay for it."

A spokeswoman for the Anti-Monopoly Ministry confirmed that the complaint was filed in mid-August and is being looked into. The ministry expects to decide by the end of September whether the complaint merits further investigation, she said.