FAS Launched Investigation of Evraz Group
OREANDA-NEWS. May 24, 2010. The Russian Federal Antimonopoly Service (FAS) today announced it had launched an investigation of Evraz Group (LSE: EVR) (“Evraz”) in relation to competition abuse in the rolled steel products market. Evraz has not been provided with any details of the investigation as of the current time.
Evraz will cooperate fully with the investigation, and will make a further announcement once official communications from FAS are delivered.
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