Federal Antimonopoly Service initiated proceedings against the largest cement works of the South Russian Federation

Federal Antimonopoly Service revealed signs of violation antitrust laws in actions of a group of persons as a part of JSC Novorostsement and JSC "Verkhnebakansky cement plant" (the largest producers of cement in the south Russian Federation, both are included into Gazmetallproyekt group). Department reported that initiated proceedings upon a rise in prices for cement. By data Federal Antimonopoly Service, cement of these plants in the first half of the year 2023 rose in price quicker, than year before. "The service received the corresponding data within monitorings the prices of construction materials. Federal Antimonopoly Service established that the specified market is...