OREANDA-NEWS. November 02, 2010. The Federal Antimonopoly Service (FAS Russia) is considering a petition of “Energia Belogo Morya” Managing Company” OJSC (for obtaining a prior consent for exercising the functions of a sole executive body “Arkhangelskaya Oblastnaya Energeticheskaya Kompania [Arkhangelsk Regional Energy Supplier]” OJSC (“Arkhoblenergo” OJSC) by entering into a contract for transferring the authorities of the sole executive body, reported the press-centre of FAS Russia.

Under Clause 2 Part 2 Article 33 of No.135-FZ Federal Law “On Protection of Competition” of 26th July 2006, the Federal Antimonopoly Service (FAS Russia) considered the petition of “Energia Belogo Morya” Managing Company” OJSC has extended the period for petition consideration for two months in order to be able to additionally examine the petition, because the petitioned transaction can result in restricting competition, particularly, due to creating or strengthening dominant position of the person (the group of persons).