FAS to Impose 130m RUR Fine on Metro Cash & Carry

13 June 2012 (09:49)

Russia’s Federal Antimonopoly Service (FAS) might impose a 130m-ruble fine of Metro Cash & Carry’s Russia-based daughter enterprise. This will be the largest fine in the history of Russian retail business so far. Last year, the FAS issued a total of 35.3m RUR worth of fines involving trade law violators, RBC daily says.

In November 2011, the service’s central office declared OOO Metro Cash & Carry (the Russian branch of the German Metro Cash & Carry) guilty of discriminating against their fish suppliers (Article 13 of the Trade Act). The retailer wanted its contractors to calculate the cost of its marketing services on the basis of the turnover of goods supplied.

However, so far the FAS has been unable to come up with a suitable punishment for the company. After many months’ thinking, the officials decided to impose 130m RUR worth of fines altogether. Only a 2m fine regarding one instance has been issued so far, but the proceedings have been instituted regarding sixty-five instances. The service is now waiting for the retail chain to supply additional papers relating to the rest of the cases.

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