FAS identified a grain cartel worth 650 million rubles in the Voronezh region

Brief retelling from RIA II

FAS Russia has identified a cartel of bread suppliers worth more than 650 million rubles in the Voronezh region.

A case has been initiated regarding violation of antimonopoly legislation against JSC Bread Factory No. 7 and JSC Tobus.

Cartel participants face negotiable fines if found guilty.

MOSCOW, October 6 - RIA Novosti. The Federal Antimonopoly Service (FAS) of Russia has identified a cartel of bread suppliers for the needs of social and medical institutions, schools and kindergartens in the Voronezh region, worth more than 650 million rubles, the service reported.

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“The FAS has identified a cartel of suppliers of bread and bakery products worth more than 650 million rubles. The auction was held for the needs of medical and social institutions, schools and kindergartens in the Voronezh region,” the report says.

The service opened a case of violation of antimonopoly legislation against JSC Bread Factory No. 7 and JSC Tobus.

“They are suspected of concluding and implementing an anti-competitive agreement when participating in procurement for the supply of bread and bakery products in order to maintain prices at auction for a total amount of 650,190,414 rubles,” the service specified.