APPEAL UPHELD A DECISION AND REMEDY OF FAS RUSSIA CASE IN RELATION TO VALANCY LLC

Earlier, the company had abused its dominant position in the markets of services for the preparation of tank-wagons for railway transportation

On January 24, 2024, Ninth Arbitration Court of Appeal refused to satisfy claims of VALANCY LLC in full.

The company increased the cost of services in preparing rolling stock for fuel transportation. At the same time, the organization did not provide the Authority with evidence of an increase in its expenses in order to justify the increase in the cost of services.

In June 2023, the FAS Russia recognized VALANCY as violating antimonopoly legislation* and issued the remedy on the need to eliminate the violation.

The company tried to challenge the decision and the order of the Authority. However, the first and appellate instances upheld the position of the FAS Russia.

Reference:

* violation of the Item 1 of the Part 1 of the Article 10 of the Federal Law of July 26, 2006 No. 135-FZ "On Protection of Competition"