The Federal Antimonopoly Service (FAS) of Russia has initiated an…
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