+7 (499) 755-23-23

Federal Antimonopoly Service of the Russian Federation
  1. Home
  2. News & Events
  3. Press Releases
  4. COMPANIES SUSPECTED OF A CARTEL WILL BE FINED FOR REPEATED FAILURE TO SUBMIT INFORMATION

COMPANIES SUSPECTED OF A CARTEL WILL BE FINED FOR REPEATED FAILURE TO SUBMIT INFORMATION

14-08-2019 | 12:15

Such violations are punishable by fines from 50 000 to 500 000 RUB. Recidivism can lead to the maximum administrative sanctions.

 

The Federal Antimonopoly Service opened administrative proceedings against “Nova-Group” Ltd., “Fuel Management” Ltd., “Primorie Oil Terminal” Ltd., “Belaya Zvezda” Ltd. and “Atlant-Oil” Ltd. for failure of economic entities to  submit the requested information to the antimonopoly body.

 

The information was requested in the course of investigating an antimonopoly case upon signs of a cartel in public procurement of a wide range of goods: petrochemicals, cable “products, sheet steel, fire-extinguishing equipment, table salt, etc. The companies, however, failed to submit the requested documents that were necessary for full and comprehensive investigation of the case and did not give any reasonable explanations as to why they could not execute the requests of FAS Commission.

 

Earlier, following unscheduled inspections, “Atlant-Oil” Ltd., “Belaya Zvezda” Ltd. and “Nova-Group” Ltd. were already held liable for similar violations.



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