+7 (499) 755-23-23

Federal Antimonopoly Service of the Russian Federation
  1. Home
  2. News & Events
  3. Press Releases
  4. FAS reached an amicable settlement with “Vyksa Metallurgical Plant” JSC

FAS reached an amicable settlement with “Vyksa Metallurgical Plant” JSC

25-09-2017 | 09:52

The company drafted the Guidelines for pricing wheels for metro

The dispute between FAS and “Vyksa Metallurgical Plant” JSC (“VMP” JSC) ended with amicable settlement.

In September 2016 FAS found that “VMP” JSC and “OMK-Steel” JSC [1], members of the same group, breached Clause 1 Part 1 Article 10 of the Federal Law “On Protection of Competition” by fixing monopolistically high prices for wheels for the metro system [2].

Having investigated the case, FAS requested “VMP” JSC and “OMK-Steel” JSC to stop abusing dominance on the market of 860-mm diameter wheels for the metro system, and then for five years submit information to the antimonopoly body to the antimonopoly body about its performance.

Under the amicable settlement, to form a unified approach to setting prices for metro wheels, “VMP” JSC drafted the Method to calculate primary production costs and profitability of metro wheels production.

[1] On 1 December 2016 “OMK-Steel” JSC terminated its operations and merged with “VMP” JSC

[2] One-piece-rolled wheels, 790 mm tread diameter, 160 mm wheel hub hole diameter and 860 mm tread diameter, 170 mm wheel hub hole diameter, made from steel grade 2 under the  GOST 10791-2011 national standard



Site Map

News & Events Press Releases Image Library About FAS Russia What We Do Institutional Memory Mission, Goals, Values Priority Setting Stakeholders Engagement Center for Education and Methodics Our History Our Structure Powers of Head and Deputy Heads Our Ratings Using our website International Cooperation Treaties & Agreements OECD Competition Committee OECD meetings 2013 OECD meetings 2014 OECD meetings 2015 OECD meetings 2016 OECD meetings 2017 OECD meetings 2018 OECD meetings 2019 OECD meetings 2020 OECD meetings 2021 FAS Annual Reports OECD-GVH RCC RCC Newsletter Projects ICAP Council on Advertising Headquarters for Joint Investigations UNCTAD 15th session IGE UNCTAD 16th session IGE UNCTAD 17th session IGE UNCTAD 18th session IGE UNCTAD 8th UN Conference on Competition 19th session IGE UNCTAD 20th session IGE UNCTAD 21th session IGE UNCTAD EEU Model Law on Competition ICN BRICS BRICS Conferences Documents BRICS Competition Law and Policy Centre BRICS Working Groups for the Research of Competition Issues in Socially Important markets Working Group for the Research of Competition Issues in the Pharmaceutical Markets Working Group for the Research of Competition Issues in the Food Value Chains Working Group for the Research of Competition Issues in the Automobile Markets Working Group for the Research of Competition Issues in the Digital Markets BRICS Coordination Committee on antimonopoly policy EU APEC Competition Policy and Law Group Annual meetings Projects ERRA Full Members Organizational Structure Document Library Legislation Reports & Analytics Cases & decisions COVID-19 Contacts Give feedback Contact us Links Authorities Worldwide

If you are going to reproduce, reprint or republish any information from this site: a hyperlink on the original page is required. The web-site is registered as a mass medium. Registration certificate Эл № ФС77-24394 of May 15, 2006
11 Sadovaya-Kudrinskaya st.,
125993, Moscow, D-242, GSP-3
Phone.: +7 (499) 755-2323
Fax: +7 (499) 755-2324