The Federal Antimonopoly Service (FAS) has suspected three oil… (фас · рынок · служба)

The Federal Antimonopoly Service (FAS) has suspected three oil traders of a cartel agreement. The agency has launched an investigation into violations of antitrust legislation concerning the fuel traders JSC "Solid-Commodity Markets", LLC "Agrotorg Yug", and LLC "Hansel," according to the service's statement.

Consensus

• The FAS has initiated a cartel investigation against three fuel traders: AO 'Solid Commodity Markets', LLC 'Agrotrade South', and LLC 'Hansel'.
• The investigation stems from alleged coordination among the companies during trading on the Saint Petersburg Exchange.
• The companies are accused of engaging in anti-competitive agreements to gain exceptionally large profits through the resale of gasoline and diesel fuel at inflated prices.
• The actions allegedly led to the complete purchase of all planned fuel volumes on the exchange, restricting access for honest market participants.
• Administrative fines under Article 14.32 of the Russian Code of Administrative Offenses may be imposed if guilt is established.