FAS REVEALED SIGNS OF CARTEL OF FUEL COMPANIES FOR 950 MILLION RUB
The authority suspects that companies colluded to divide bidding
FAS Russia has initiated a case on violation of antimonopoly legislation* against NTK LLC and Kubanoil LLC.
The authority suspects the companies of collusion in order to divide the bidding for the supply of gasoline and diesel fuel in the amount of 950 million rubles. Procurements were also made for the needs of educational and social institutions of the Krasnodar region.
FAS Russia received the key evidence to initiate the case during unscheduled inspections at the companies' office premises in Sochi.
If found guilty, organizations face a fine in accordance with the Code of Administrative Offences of the Russian Federation**.
* On signs of violation of Paragraph 3 of Part 1 of Article 11 of Federal Law No. 135-FZ of 26.07.2006 "On Protection of Competition "
** Part 1 of Article 14.32 of the Code of Administrative Offences of the Russian Federation