“Gazprom Neft” OJSC paid over one billion Rubles following the “first wave” of cases against oil companies

03-03-2011 | 18:45

On 3rd March 2011, “Gazprom Neft” OJSC paid 1.356 billion Rubles to the federal budget of the Russian Federation as a fine for abusing market dominance on the wholesale market of oil products.

On 26th September 2008, the Federal Antimonopoly Service (FAS Russia) found that “Gazprom Neft” OJSC violated Part 1 Article 10 of the Federal Law “On Protection of Competition”.

The Antimonopoly Service found that in Q4 2007 and in the first six months of 2008 “Gazprom Neft” OJSC fixed monopolistically high prices for petrol, diesel fuel, aviation kerosine and fuel oil and created discriminatory conditions for the buyers on wholesale markets of motor petrol, diesel fuel, aviation kerosine and fuel oil in the Russian Federation. FAS Russia issued a determination to the company to stop the violations and made it administratively liable (under Article 14.31 of the Code of the Russian Federation on Administrative Violations).

“Gazprom Neft” OJSC disagreed with the decision of the antimonopoly authority and filed a lawsuit.

At a court hearing on 7th December 2010, however, “Gazprom Neft” OJSC withdrew its claim from Moscow Arbitration Court on invalidating the FAS Russia’s decision and determination, based on which the company had been fined 1.356 billion Rubles for abusing market dominance on the wholesale markets of oil products.

The Court accepted the company withdrawing its claim.

In 2008, FAS initiated cases against five largest oil companies - “Gazprom Neft”, “ТNК-ВР”, “Rosneft” NK”, “Surgutneftegaz” and “LUKOIL” NK”. The case against “Surgutneftegaz” was closed as the fact of the company’s dominant position on the Russian market was not confirmed. FAS Russia found that “Gazprom Neft” OJSC, “ТNК-ВР Holding” and “Lukoil” OJSC violated the antimonopoly law.

Reference:
Recognising violations of Article 10 of the Federal Law “On Protection of Competition” constitutes the grounds for imposing a fine under Article 14.31 of the Code of the Russian Federation on Administrative Violations – from one hundredth to fifteen hundredths of the income of the violator from selling goods (works, services) on the market where the violation was committed.

Follow FAS Russia’s news on Twitter and Facebook

 



Site Map

News & Events Press Releases Media Releases Image Library About the FAS Russia What We Do General Information Mission, Goals, Values Priority Setting Institutional Memory Stakeholders Engagement Center for Education and Methodics Our History Our Structure Powers of Head and Deputy Heads Our Ratings GCR Using our website International Cooperation Treaties & Agreements International Working Groups Working Group on Research of Competition Issues in the Market of International Telecommunications (Roaming) Meetings Working Group for Studying Competition Problems in the Pharmaceutical Sector Concept Note Meetings OECD Competition Committee OECD meetings 2013 OECD meetings 2014 OECD meetings 2015 OECD meetings 2016 OECD meetings 2017 FAS Annual Reports OECD-GVH RCC RCC Newsletter ICAP Council on Advertising Headquarters for Joint Investigations UNCTAD 13th session IGE UNCTAD Resolution Russian contributions 14th session IGE UNCTAD Resolution Russian contributions 15th session IGE UNCTAD 16th session IGE UNCTAD UN Conference Resolution of the Conference Russian contributions EEU Model Law on Competition ICN BRICS WG (Markets of Social Importance) EU APEC Competition Policy and Law Group Annual meetings Projects ERRA Full Members Organizational Structure Archive Working Group on Investigating Issues on Pricing in the Oil and Oil Product Markets and Methods of their Functioning Meetings Document Library Legislation Reports & Analytics Cases & decisions Contacts Give feedback Contact us Links Authorities Worldwide