OREANDA-NEWS. On May 18, 2007 the Federal Antimonopoly Authority (FAS Russia) issued determination to "Silvinit" OJSC and "Uralkalii" OJSC requesting the companies to transfer to the federal budget the income obtained by them due to violation of the antimonopoly legislation - 1127 013 800 Rubles and 62 165 483 Rubles accordingly, reported the press-centre of  FAS Russia.
Earlier FAS Russia Commission found that "Uralkalii" OJSC and "Silvinit" OJSC violated Clause1 Part 1 Article 10 the Federal Law "On Protection of Competition" (abusing dominant position).
Companies violated the law by establishing monopolistically high prices on potassium chloride in 2007 on the market of the Russian Federation.
It was established that both economic entities have dominant position of the potassium chloride market in the Russian Federation (collective dominance).
"Uralkalii" OJSC and "Silvinit" OJSC were issued determinations to terminate violation of the antimonopoly legislation specifying the actions that companies must undertake to eliminate the violations.
Taking into account the importance of the above decision and determinations for the market players, FAS Russia has placed them on its official web-site.