FAS Opens Cases Against Sulfuric Acid Producers
The Federal Antimonopoly Service has initiated cases regarding high prices for sulfuric acid on the market.
Consensus
- FAS has initiated cases against four sulfuric acid producers.
- The companies involved are ООО «Медногорский медно–серный комбинат», АО «Срднеуральский медеплавильный завод» (АО «Святогор»), and АО «Карабашмедь».
- FAS found indications of monopolistically high prices on the sulfuric acid market in 2024–2025.
- The companies are alleged to have held dominant positions on the wholesale market for sulfuric acid.
- FAS analyzed average prices, production costs, sales volumes, and profit changes.
- Sulfuric acid is used in the production of mineral fertilizers.
- The cases were initiated under paragraph 1, part 1 of Article 10 of the Federal Law 'On Protection of Competition'.
Points of divergence
- FAS announced plans to analyze the sulfuric acid market on January 22. — vedomosti
- All four companies are part of the 'Business Globe' holding group. — vedomosti
- FAS stated that the companies' actions may have violated competition law. — vedomosti
Coverage (3 sources)
- FAS initiated cases against producers of sulfuric acid — Ведомости
- FAS filed cases against four sulfuric acid producers — Коммерсантъ
- FAS filed cases on high prices in the sulfuric acid market — Интерфакс