Moscow OFAS opened a case against a cartel formed by “SYAMOZERO” PARK-HOTEL” and “KARELIA-OPEN” Ltd.

Moscow OFAS opened a case against “SYAMOZERO” PARK-HOTEL” and “KARELIA-OPEN” Ltd. Upon elements of violating Article 11 of the Federal Law “On Protection of Competition” (cartel).

Following a FAS Order, Moscow OFAS conducted an antimonopoly investigation of the operations of “SYAMOZERO” PARK-HOTEL” and “KARELIA-OPEN” Ltd. at auctions for organizing children health-improving rest.

OFAS collected evidence of a signs of an anticompetitive agreement between “SYAMOZERO” PARK-HOTEL” and “KARELIA-OPEN” Ltd. Participating ion 5 auctions for the total sum 82 million RUB.

«Since 2015 we have been observing a considerable growth of bid-rigging cartels. Such cartels undoubtedly are harmful, not only causing inefficient spending of budgetary funds, but considerably deteriorating the quality of goods, works and services. Pursuing excessive profit, it is easy to violate the law, сверхприбылью, and the consequences of such legal nihilism can be quite tragic. но последствия такого правового нигилизма могут быть весьма трагичными. Once again FAS would like to emphasize that bid-rigging is one the most severe economic crimes and we warn the companies not to be involved in such agreements», said Stats-Secretary, Deputy Head of FAS Andrey Tsarikovskiy.