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Companies planning a return to the Russian market may face significant financial penalties due to new requirements.

Companies based outside Russia will be required to compensate for the financial losses suffered by Russians, following the impacts of ongoing sanctions and geopolitical tensions.

Compensation for Losses Owed to Russians by Foreign Companies
Compensation for Losses Owed to Russians by Foreign Companies

Companies planning a return to the Russian market may face significant financial penalties due to new requirements.

Revised Article:

Hey there! Let's dive into the hot topic swirling around foreign companies abandoning ship in Russia. The Public Consumer Initiative (PCI), a champion for consumer rights, isn't thrilled about it — and for good reason, according to Izvestia.

PCI has penned a missive to the authorities, shouting loud and clear that companies deserting consumers with no essential services or support should face the consequences. They argue that these businesses must take responsibility for the damage caused.

One significant pain point? When big-time producers pack their bags, users are left high and dry. You guessed it—no more software updates, making their devices as useful as a brick and doubling repair times. Not only that, but service center specialists are now struggling to diagnose or restore broken equipment, further escalating the problem.

PCI sounds off, stating that such behavior violates consumer rights. They're pushing for a law that declares disabling functions within the product's warranty or useful life period to be unacceptable. In case of these faults, buyers should have the right to a refund, they insist. The head of PCI stresses that software quality, an integral part of modern goods, should be considered when judging a product's quality.

In a nutshell, PCI thinks foreign companies' refusal to honor their obligations threatens consumer rights, and they're calling on the government for a solid response.

As for what the government's up to? Well, they're exploring some protective measures: limiting foreign company returns, fostering protectionist policies, and promoting domestic alternatives. But these measures don't directly tackle consumer rights issues connected to warranties or the disabling of functions in smartphones and cars. So, while this could mean relying more on homegrown solutions, precise government actions to deal with these concerns aren't clear-cut yet.

The foreign companies abandoning operations in Russia, particularly those from the industry and finance sectors, could face consequences from authorities as outlined in PCI's letter, given that their actions may violate consumer rights by leaving users without necessary services or support. The head of PCI emphasizes that quality issues arising from disabling functions within product warranties or useful life periods, such as software quality in modern goods, should be considered when judging product quality and should not be used as a means for companies to avoid their obligations.

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