The Federal Antimonopoly Service (FAS) of Russia has initiated an… (русало · фас · группа)
The Federal Antimonopoly Service (FAS) of Russia has initiated an antitrust investigation against the 'Rusal' group for failing to adjust its pricing formula for domestic aluminum consumers, despite receiving a warning and multiple extensions. The company is accused of maintaining conditions that result in higher prices for Russian buyers compared to foreign competitors.
Consensus
- FAS has initiated an antitrust investigation against Rusal regarding pricing for domestic aluminum consumers.
- Rusal failed to comply with a prior warning from FAS to correct its pricing formula.
- Rusal submitted two requests for extension of the deadline to implement changes but did not make any adjustments.
- If found guilty, Rusal may face an turnover-based fine.
- The pricing formula previously included a regional premium based on European prices, despite most Russian aluminum being exported to Asian markets.
Points of divergence
- FAS issued a formal warning and gave Rusal two opportunities to extend the deadline for compliance, but the company did not change its contract terms. — fontanka
- The FAS initiated the case specifically due to Rusal's non-compliance with the warning about correcting pricing clauses in supply contracts that caused domestic prices to exceed export prices. — vesti
- FAS recommended in 2025 that Rusal develop a trade and sales policy to reduce legal risk, but the company has not adopted it yet. — fontanka
Coverage (2 sources)
- FAS opened a case against the 'Rusal' group over aluminum prices — Фонтанка
- FAS files case against 'Rusal' over aluminum prices — Вести