The FAS established in the actions of the Magnitogorsk Metallurgical Plant (MMK), Novolipetsk Metallurgical Plant (NLMK) and Severstal a violation of antimonopoly legislation. Such conclusions were made on Wednesday, December 29, by the Commission of the Antimonopoly Service on cases against companies, the department said.
“The actions of the manufacturers of rolled products, which occupy a dominant position in the market, may lead to restriction of competition in adjacent markets. The case file contains evidence that the defendants in the case set higher prices for the domestic market as compared to the external one, ”the FAS said.
Also, the antimonopoly service reported that the participants in the case have the right to submit explanations, evidence and arguments in writing to the commission regarding the circumstances set out in the conclusion on the circumstances of the case, until the end of the consideration of the case on violation of the antimonopoly legislation and the announcement of the operative part of the decision on it at the meeting commission.
The next hearing in the case against MMK and Severstal is scheduled for January 20, 2022, and for NMLK – for January 21, the FAS added.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
