OREANDA-NEWS. December 22, 2009. The Arbitration Court of the Stavropol region dismissed the claim of "Lukoil-Yugnefteproduct" Ltd. for revoking the decision and determination issued by the Stavropol OFAS Russia, reported the press-centre of FAS Russia.

On 14th August 2008, the Stavropol OFAS Russia found that "Lukoil-Yugnefteproduct" Ltd., "Rosneft'-Stavropolye" Oil Company" OJSC, "Bashoil - KMV" Ltd., "Stavneft" Ltd. and "Stavpromkomplekt" Industrial-and-Commercial Enterprise" Ltd. violated Clause 1 Part 1 Article 11 of the Federal Law "On Protection of Competition" (prohibiting competition-restricting agreements or concerted actions).

The concerted actions were manifested outrunning and economically unjustified growth of prices for diesel fuel in comparison with high-octane petrol.

The Stavropol OFAS Russia issued a determination to the companies to stop the violations.