OREANDA-NEWS. June 23, 2011. The Federal Antimonopoly Service (FAS Russia) initiated a case against “Russian Satellite Communications Company” upon the signs of violating Part 1 Article 17 of the Federal Law “On Protection of Competition”.

The case was initiated upon a complaint of “Rosgosstrakh” Ltd. about an unjustified refusal of “Russian Satellite Communications Company” to allow “Rosgosstrakh” Ltd. to take part in the tender for the right to conclude a contract for insurance of launch and operation of “Express-AM4” spacecraft.

The FAS Russia’s Commission will consider the case against “Russian Satellite Communications Company” for violating the antimonopoly law on 2nd August 2011.

Reference:

 Part 1 Article 17 of the Federal Law “On Protection of Competition” prohibits actions in course of competitive bidding that lead or can lead to preventing, restricting or eliminating competition, particularly, creating preferential conditions for a bidder or to several bidders.