The courts have confirmed the legality of the decision on the recognition of FAS subsidiaries of Rosneft, and LUKoil have violated the competition law

Fifth Arbitration Appeal Court confirmed the legitimacy of management decisions by the Federal Antimonopoly Service of the Sakhalin Region in respect of OOO RN-Vostoknefteproduct. The Arbitral Tribunal also supported the earlier decision of the antimonopoly control, the report said FAS.

In March 2009, the Sakhalin Office of FAS Russia recognized LLC RN-Vostoknefteproduct violated Part 1 Article 10 of the Law on Protection of Competition (the prohibition of abuse of dominant position).

OOO RN-Vostoknefteproduct to use its advantages in the retail market of refined products, which resulted in the establishment in December 2008 and January 2009, the high monopoly prices for motor fuel sold through a network of filling stations.

Oil Company issued a determination to eliminate violations of competition law and imposed a fine of 62.2 million rubles.

In addition, 24 August, the Federal Arbitration Court confirmed validity of the Ural district management solution on the Chelyabinsk region of FAS against Lukoil - Uralnefteproduct and FE Kazykhanov FM In the activities of economic entities have been identified concerted action aimed at maintaining the price of gasoline and diesel fuel. The courts of first and appellate courts also confirmed the legality of the decision of the antimonopoly authority.

September 30, 2008 Chelyabinsk Office of FAS Russia recognized Lukoil - Uralnefteproduct and FE Kazykhanov FM violated Art. 11 of the Law on Protection of Competition (the prohibition of concerted action). Consistency of action was aimed at maintaining the price of fuel, the report said FAS.

Chelyabinsk Office of FAS Russia issued an order to the parties with the requirement to avoid similar violations of antitrust laws. Moreover, Lukoil - Uralnefteproduct and FE Kazykhanov FM brought to administrative responsibility, the fine amounted to 123.2 million and 19 thousand rubles, respectively.

As the Chelyabinsk Office of FAS Russia has won a major case of violation of antimonopoly legislation as soon as the Arbitration Court of Chelyabinsk region will resume proceedings on disputing the Lukoil-Uralnefteproduct and FE Kazykhanov resolution on imposition of fines.
Tax registered 660 Kiev residents with incomes of more than 1 million hryvnia in 2008
To date, Russia's stock quotes marking near the zero mark with a spread in average percentage
Top gainers are paper Avtovaz , Volgatelekoma , Uralsvyazinform
Blue chips mainly cheaper, the leaders of the decline - shares Polyus Gold
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Daughter of Gazprom Neft has paid 65.9 million rubles fine for violation of the antimonopoly legislation
European stock markets declined on the basis of trading environment on the background of fixed income investors
Futures on major U.S. indexes show a moderate negative dynamics
Dollar exchange rate has risen - day review of the cash markets



Leave a Reply
\