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Russian president tightens grip on big business.
Byline: Alex Friedrich
MOSCOW _ Strengthened by December's parliamentary elections, Russian President Vladimir Putin is tightening his grip on big business and ordering it to share the wealth.
In the past two weeks, Putin's administration has accused the nation's largest oil corporation of evading billions of dollars in taxes. He's warned that some companies face investigations questioning their very existence. And he's ordered oil companies to pay more in taxes.
The moves worry those who see a state strong-arming a supposedly free market. But they reflect a populace that deeply resents those who got rich through rigged privatization deals in ...
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Source: HighBeam Research, Russian president tightens grip on big business.