Nektorov, Saveliev & Partners has advised Ozon on antitrust issues related to its acquisition of controlling shares in the LitRes and Best-book online bookstores. The transaction price was not disclosed.
Ozon, established in 1998, is the largest Russian online retailer, selling primarily books, electronics, music, and movies. LitRes claims to be the "No. 1 eBooks store in Russia", with 380 thousand eBooks for sale, more than 5 million unique visitors per month, and sales last year of over 2.5 million ebooks.
Partner Alexander Nektorov and Associates Anastasia Savelieva and Maria Ivanova worked on the transaction.
