Jun 25, 2009 the Federal Antimonopoly Service Commission adopted a decision on recognition of OJSC TNK-BP Holding in violation of paragraph 1 of Article 10 of the Law on Protection of Competition.
As part of the case found that the JSC TNK-BP Holding abused a dominant position in the market, created a discriminatory environment for independent oil products wholesale market. In addition, the company call in petroleum, resulting in growth was the wholesale price of fuel, which led to infringement of interests of others, and limited competition.
In February of this year, FAS head Igor Artemyev said that the decision on the initiation of cases of violation of antitrust legislation against oil company OAO Lukoil, OAO NK Rosneft, OAO Gazprom Neft and OAO TNK - BP Holding. The reason for the initiation became unreasonable price increases at the beginning of the year in the wholesale market of oil products.
This fact has led to a sharp slowdown in the established dynamics of reducing the cost of fuel at filling stations, which began in autumn 2008, immediately after the ruling against the oil companies to accept their violated antitrust laws. Then the Antimonopoly Service also issued regulations specified legal entities with a requirement to restore competitive conditions.
According to the Code on administrative violations, violation of antitrust law is grounds for imposition of fines on legal entities in the amount of 1 to 15% of revenue for the year preceding the year the violation.
In this case, the calculation can be made on the basis of income, which was received by the company in 2008 on the relevant product markets in the Russian Federation.
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