Federal Antimonopoly Service (FAS Russia) apply to the Supreme Arbitration Court of Russia (HAC RF) to confirm the legality and validity of decisions and orders in respect of TNK-BP Holding, which were delivered in fall 2008, according to materials of the service.
September 29, 2009, the Federal Arbitration Court of the West Siberian district refused FAS Russia and the Prosecutor's Office of the Tyumen region in responding to the appeal court's decision and the first order of the appellate court.
In autumn 2008, FAS Russia acknowledged OJSC TNK-BP Holding have violated paragraphs 1, 6 and 8 of Part 1 of Article 10 of the Law on Protection of Competition (the prohibition on abuse of dominant position). The Antimonopoly Service saw in action the company an abuse of dominant position in markets gasoline and kerosene in terms of establishment of monopolistically high prices, the creation of discriminatory conditions, to establish an economically and technologically unjustified differences in prices of petroleum products to wholesalers in the summer of 2008.
FAS Russia issued a determination to provide guidance on specific actions that need to make the company to stop the violation and remedy its consequences. The oil company was fined $ 1.112 billion rubles, according to the materials of FAS.
FAS Russia will turn to Russia for YOU confirm the validity of their conclusions about the non-competitive behavior, TNK-BP
Federal Antimonopoly Service (FAS Russia) apply to the Supreme Arbitration Court of Russia (HAC RF) to confirm the legality and validity of decisions and orders in respect of TNK-BP Holding, which were delivered in fall 2008, according to materials of the service.
September 29, 2009, the Federal Arbitration Court of the West Siberian district refused FAS Russia and the Prosecutor's Office of the Tyumen region in responding to the appeal court's decision and the first order of the appellate court.
In autumn 2008, FAS Russia acknowledged OJSC TNK-BP Holding have violated paragraphs 1, 6 and 8 of Part 1 of Article 10 of the Law on Protection of Competition (the prohibition on abuse of dominant position). The Antimonopoly Service saw in action the company an abuse of dominant position in markets gasoline and kerosene in terms of establishment of monopolistically high prices, the creation of discriminatory conditions, to establish an economically and technologically unjustified differences in prices of petroleum products to wholesalers in the summer of 2008.
FAS Russia issued a determination to provide guidance on specific actions that need to make the company to stop the violation and remedy its consequences. The oil company was fined $ 1.112 billion rubles, according to the materials of FAS.
decision on TNK-BP Holding was issued in the first series of cases against the largest vertically integrated oil companies that dominate the wholesale markets of petroleum products, taking the total share of over 70%. The facts of violation of antimonopoly legislation were also recorded in the actions of a group of individuals of OAO Lukoil, OAO Rosneft and OAO Gazprom Neft. All the companies were fined a total of more than 5 billion rubles.
Negative closing trades in the United States on the eve of levels the increase in the oil market
Today is definitely the game in the hands of the Bears
Any negative now perceived as a pretext to commit, so it's possible a more profound drop in the indices
Today, before the next portion of statistic data from the U.S. market will rule the speculative mood
Today, Russia's market may open at yesterday's closing levels, or with a small gap up within 0,5%
Shopping on Russia's markets are becoming less confident in the coming days, volatility will remain high
Prices for gold and oil futures yesterday finished neutral
Dollar depreciated - the morning review of cash markets
U.S. preparing sanctions against companies insuring the supply of oil products in Iran