Today in Russian Business – Feb 10, 2010

The Federal Anti-Monopoly Service has found MegaFon in violation of anti-monopoly law over its ‘simplified sales procedure‘ for the mass distribution of SIM cards that, it says, gave it an advantage over its competitors.  Russian foreign direct investment in the US almost doubled year-on-year to roughly $1.7 billion in 2008, according to the head of Invest in America. Vladimir Ryzhkov looks at the economic implications of the recent report from the Institute of Contemporary Development.