FAS CONDITIONALLY APPROVED LUKOIL'S REQUEST FOR THE ACQUISITION OF OOO “TK EKA”
In connection with the implementation of the transaction, Lukoil needs to comply with a number of FAS’s remedies.
The company is ordered not to increase the cost of petroleum products at the gas station in Krasnogorsk without economically justified reasons.
In addition, Lukoil should sell not only premium fuel at gas stations, but also basic fuel, as this will expand the choice of gasoline and diesel fuel brands for consumers.
Another requirement of the Authority is the regular sale of petroleum products on the stock exchange.
Also, Lukoil should not purchase petroleum products at exchange auctions from other oil companies or subsidiaries. This will provide consumers with the necessary amounts of fuel.
If the company does not comply with remedies of FAS, it may file a lawsuit to invalidate the transaction.