The owner of the Magnitogorsk Iron and Steel Works, Viktor Rashnikov, sails on the Ocean Victory yacht. The length of the yacht is 140 meters, and the cost is 400 million dollars. The oligarch, of course, can afford such expenses. So, Viktor Rashnikov keeps the profits of the Magnitogorsk Iron and Steel Works in offshore […]
The Ministry of Natural Resources of Russia has proposed raising the business rates for the use of water for hydroelectric power plants by 2.5 times. According to the correspondent MorningNewsthe Ministry of Natural Resources initiated an increase in the business rate for water use for hydroelectric power plants, but was unable to prepare a draft […]
The Antimonopoly Service found MMK, NLMK and Severstal guilty of setting monopolistically high prices on the flat-rolled metal market. According to the agency, thanks to this, manufacturers have tripled their profits. The service ordered companies to stop abusing their dominant position, the fines will be determined separately. The Federal Antimonopoly Service of Russia has completed […]
The Federal Antimonopoly Service of Russia (FAS) came to the conclusion that the owner of YouTube, Google, infringes on the interests of users and limits competition in related markets. The agency called the video hosting rules for blocking content biased and unpredictable. The amount of the fine will be determined in the course of an […]
Kostroma oligarch Vadim Slyusarenko was told by the FAS During the pandemic, the Federal Antimonopoly Service has a special mission, because the lack of competition almost always coexists with corruption and theft. The moral side here is often more important than the material one, because in such conditions injustice is perceived especially sharply. Surprisingly, one […]
FAS rolled up the Novoroscement deal FAS stopped the emergence of a monopoly in the cement market. The agency refused Actual Investments and Novoroscement, controlled by billionaire Lev Kvetnoy, to acquire Atakaycement (owned by Trust Bank, previously owned by Inteko). This was reported to Izvestia by the antimonopoly service. The deal could lead to limited […]