OREANDA-NEWS. December 15, 2011. The Federal Antimonopoly Service (FAS Russia) terminated a case against “Pervaya Khimicheskaya Kompania” CJSC, “Bekborn” Ltd., “Caustic” Ltd. (of Sterlitamak), “Vladimir Chemical Plant” OJSC, “Plastkab” OJSC, “Sayankhimplast” OJSC and a group of persons including “Sibur” Ltd., “Sibur Holding” CJSC, and “Sibut-Neftekhim” OJSC due to expiry of the period of limitation for holding administratively liable for violating the antimonopoly law, reported the press-centre of FAS Russia.

Investigating the case, FAS found that in 2004 “Pervaya Khimicheskaya Kompania” CJSC, “Bekborn” Ltd., “Caustic” Ltd. (of Sterlitamak), “Vladimir Chemical Plant” OJSC, “Plastkab” OJSC, “Sayankhimplast” OJSC and “AK Sibur” CJSC concluded an agreement on the wholesale market of soft cable compounds, which resulted in fixing prices, dividing the market according to the volumes of sales and the categories of buyers. At the time of concluding the agreement, it was contrary to the law “On Competition and Restricting Monopolistic Activities on Goods Markets”.

“Although the period of limitation for the antimonopoly violation expired, FAS believes that there are grounds for initiating a criminal case under Article 178 of the Criminal Code of the Russian Federation; therefore, the case file will be forwarded to the law enforcement bodies”, said the Head of FAS Cartel Department, Alexander Kinyov.