Gazprom Violated Federal Law "On Protection of Competition"
OREANDA-NEWS. November 07, 2008. The Federal Antimonopoly Service (FAS Russia) recognized that a group of persons including "Gazprom" OJSC and "Gazprom dobycha Orenburg" Ltd. violated Clause 1 Part 1 Article 10 of the Federal Law "On Protection of Competition" (abusing dominant position), reported the press-centre of FAS Russia.
The case was initiated upon petitions of several Russia consumers of granulated block sulfur.
The group of persons including "Gazprom" OJSC and "Gazprom dobycha Orenburg" Ltd. violated the antimonopoly legislation by fixing monopolistically high prices for granulated block sulfur.
Under Article 14.31 of the Code of Administrative Violations of the Russian Federation, abusing dominant position is punishable by administrative fines upon legal entities in the amount of 1-15% of the net sales by the violator on the market where the violation occurred in the year preceding the year when the violation was revealed.
The decision and determination on the case will be prepared within the statutory period.
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