OREANDA-NEWS  On 03 March was announced, that "Vnukovo - Invest" OJSC must decrease the prices for short-term parking in the landside area of "Vnukovo" airport following the request of the Federal Antimonopoly Service (FAS Russia). The ruling was passed by the Federal Arbitration Court of the Moscow District, that on 24th February 2009 dismissed the cassation appeal of "Vnukovo - Invest" OJSC.

Earlier the Moscow Arbitration Court sustained the claim of "Vnukovo - Invest" OJSC on invalidating the decision of the Federal Antimonopoly Service. FAS Russia found that "Vnukovo - Invest" OJSC violated Clauses 1 and 3 Part 1 Article 10 of the Federal Law "On Protection of Competition" (which prohibit abusing dominant position).

The 9th Arbitration Appeal Court overturned the judgment of the Court of the First Instance and dismissed the claim of "Vnukovo - Invest" OJSC.

"Vnukovo - Invest" OJSC disagreed with the conclusion of the Court of the Appeal Instance and filed a cassation appeal to the Federal Arbitration Court of the Moscow District. The Court of the Cassation Instance sustained the ruling of the 9th Arbitration Appeal Court and dismissed the cassation appeal of "Vnukovo - Invest" OJSC and, therefore, confirmed validity and relevance of the decision made by the antimonopoly authority.

On 26th February 2009, the Moscow Arbitration Court also validated 1 786 416 Rubles turnover penalty imposed upon "Vnukovo - Invest" OJSC under Article 14.31 of the Code of the Russian Federation on Administrative Violations for abusing dominant position.

FAS Russia initiated the antimonopoly case against "Vnukovo - Invest" OJSC in June 2007 after the FAS Russia's inspection had checked whether "Vnukovo - Invest" OJSC had been observing the antimonopoly legislation in providing short-term parking services on the landside area of "Vnukovo" airport.

FAS Russia initiated an antimonopoly proceedings based on the findings of the inspection.

On 28th March 2008, FAS Russia found that "Vnukovo - Invest" OJSC violated the antimonopoly legislation. The company fixed monopolistically high prices for the short-term parking services on the landside area of "Vnukovo" airport. "Vnukovo - Invest" OJSC charged economically and technologically unjustified fee for every part hour, when the cars of consumers (persons that used the services for short-term car parking) stayed on the paid parking of "Vnukovo - Invest" OJSC on the landside area of "Vnukovo" airport, as for a full hour.