OREANDA-NEWS. March 24, 2014. The Office of the Federal Antimonopoly Service (FAS Russia) in the Republic of Dagestan (Dagestan OFAS Russia) fined “Dagenergoset” OJSC over 29 million RUB for abusing market dominance.

The case was initiated upon a petition of Dagestan residents complaining that “Dagenergoset” OJSC refused to make available to them draft contracts for technological connection of power-receiving devices with up to 15kW capacity.

During the investigation, Dagestan OFAS Russia established that taking advantage of its dominant position, the energy company violated citizens’ rights by failure to fulfill their applications for technological connection to electric power networks.

Dagestan OFAS Russia imposed a turnover fine upon the monopolist – over 29 million RUB.