FAS Looks into Siemens’s Activity in Russia

Russia’s Federal Antimonopoly Service is going to conduct a scheduled on-site inspection of the German industrial concern Siemens’s Russian division through November 3, 2011, the FAS’s press service reports. The inspection is aimed at an all-round analysis of the company’s activity.

The FAS has asked consumers to provide information on Siemens’s Russian branch violating the antimonopoly agreement by refusing to sign agreements, coordinating its distributors’ actions involving the resale of their produce, colluding with other organizations or authorities, which limits competition, setting the resale price of goods, and engaging in unfair competition.

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