FAS Initiated a Case Against the Largest Sugar Producer

FAS Initiated a Case Against the Largest Sugar Producer
Photo: pixabay.com 29.03.2022 159

The Federal Antimonopoly Service of Russia suspects Prodimex of illegal coordination of economic activities of retail networks which led to increase of retail prices for sugar.

Signs of violation of antimonopoly legislation were revealed in the course of unscheduled anti-cartel inspections against the largest sugar producers.

"Analysis of documents, as well as other information obtained in the course of verification activities, indicates that Prodimex coordinated the activities of retail networks in order to increase retail prices for sugar in conditions of increased demand,"

says the agency's website.

If found guilty, the company faces a fine under the CAO RF, the service reminded.

Source: FAS

food markets  Russia 

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