FAS will oblige dominant companies to sell at least 5% of fittings on the stock exchange

The Federal Antimonopoly Service has prepared a draft order obliging dominant manufacturers of building materials to sell at least 5% of their fittings on the stock exchange. The initiative is designed to establish an economically justified price level, establish another sales channel and create uniform conditions in the market, they said. press service FAS.

The draft order also establishes requirements for bidding. In particular, it is planned to determine which transactions will be taken into account when determining the compliance of the volumes of reinforcement sold on the exchange with the minimum value, as well as when setting the starting price on the exchange. The order was sent for approval to the Ministry of Industry and Trade and the Ministry of Construction of Russia.

On March 6, at a plenary meeting of the Federation Council, the head of the FAS Maxim Shaskolsky reportedthat the department conducted an inspection of companies producing building materials for inflating prices. Violators were issued orders aimed at curbing prices and ensuring competition. Also, companies that received unjustified income were imposed turnover fines. As Kommersant learned in February, Russian metallurgical plants were faced with a shortage of scrap because overland supplies from Crimea were interrupted.

More details in the material “Metallurgists are breaking through new territories”.

Alexandra Goroshilova