In recent years, fiscal and tax policy has continued to increase pressure on businesses. Rising tax and non-tax burdens directly affect cost structures and, ultimately, prices. At the same time, the government is developing a countervailing trend: price containment as a tool to prevent social tension.

An additional factor is the upcoming 2026 State Duma elections. Historically, pre-election periods are marked by a broader use of price regulation instruments: inspections become more frequent, and new regulatory initiatives emerge. As a result, businesses are forced to balance commercial sustainability with the risk of being accused of “unjustified” price increases.

We have prepared a memo on price regulation risks, which will help you to:

• assess your company’s exposure to price regulation risks using a practical checklist;
• understand sector-specific features and potential scenarios for the development of price regulation;
• explore strategic approaches to managing and mitigating these risks.

Read the full memo below.