OREANDA-NEWS. On July 28, 2008 the Office of the Federal Antimonopoly Service in the Belgorod region (OFAS Russia) initiated three cases against economic entities in Belgorod - "Belgorodnefteproduct" OJSC, "Fuel Oil Company" CJSC and "Arkhimpelag" CJSC, in Gubkin - "Agronefteproduct" CJSC, "Oskolneftesnab" CJSC, and "Belgorodnefteproduct" OJSC, and in Stary Oskol - "Oskolneftesnab" CJSC, "Starooskolskaya Neftebaza" Ltd. and "Belgorodnefteproduct" OJSC for breaching Article 11 of the Federal Law "On Protection of Competition", reported the press-centre of FAS Russia.

Belgorod OFAS Russia has established that during a long period of time these economic entities have been fixing the same retail prices for oil products at their petrol stations within the boundaries of the local markets in Belgorod, Gubkin and Stary Oskol.

Belgorod OFAS Russia believes that such actions of the local retail operators in Belgorod, Gubkin and Stary Oskol have violated the antimonopoly legislation in terms of engaging in concerted actions aimed at fixing and maintaining prices, which is prohibited by Article 11 of the Federal Law "On Protection of Competition".

The cases will be heard on 19th and 21st August 2008.