The Federal Antimonopoly Service (FAS) of Russia initiated 15…
The Federal Antimonopoly Service (FAS) of Russia initiated 15 investigations and issued 38 warnings against oil companies and independent fuel market participants over alleged violations of antitrust legislation, particularly concerning price increases in the wholesale segment targeting independent gas stations and agricultural producers. The FAS is also monitoring pricing practices and has targeted specific cases such as changes in diesel prices by LLC 'Petroservice' in Udmurtia.
Consensus
- FAS initiated 15 investigations against oil companies and independent fuel market participants.
- FAS issued 38 warnings to economic entities for potential violations of antitrust legislation.
- The investigations focus on pricing practices in the wholesale segment of the fuel market.
- FAS is monitoring price formation among entities supplying fuel to independent gas stations and agricultural producers.
- In Udmurtia, LLC 'Petroservice' was found to have changed diesel prices for agricultural customers, prompting a warning from FAS.
Points of divergence
- FAS investigated six independent market participants in the Moscow region on July 6 for coordinated price increases of gasoline and diesel fuel; these include LLC 'AIST', LLC 'Toplivny Sindykat', LLC 'Serpukhovnefteproduktserwis', LLC 'Vitaoil', LLC 'Elegant', and one individual entrepreneur. — vedomosti
- The situation with fuel availability and queues at gas stations has improved in 13 regions, including Kaliningrad, Oryol, Bryansk, and Irkutsk Oblasts; the Kazan Executive Committee reported a decrease in panic buying. — vm
- The Saint Petersburg Exchange introduced a new mechanism on July 21 allowing only end consumers to purchase gasoline through the platform. — vm
- FAS received complaints about diesel prices from agricultural producers in Lipetsk, Novosibirsk Oblasts, and the Republic of Komi; these cases are under control by regional FAS offices. — kommersant
Coverage (5 sources)
- FAS opened 15 cases and issued 38 warnings to fuel market participants — Вести
- FAS opened 15 cases against participants of the fuel market — Ведомости
- FAS opened 15 cases against oil companies over fuel prices — Вечерняя Москва
- FAS opened 15 cases against participants of the fuel market — Коммерсантъ
- FAS opened 15 cases against participants of the fuel market — Вести