FAS Imposes 300,000-RUR Fine on Rostelecom
13 March 2013 (09:54)
March 13, 2013. Sverdlovsk Region division of Russia’s Federal Antimonopoly Service imposed a 300,000- ruble fine on Rostelecom for the latter’s failing to provide the required data on time, the division’s press service reports.
On December 10, 2012, an application was submitted to Sverdlovsk Region division of Russia’s Federal Antimonopoly Service by Voyentelecom. The agency then sent a query to Rostelecom’s Yekaterinburg branch in order to confirm or refute the fact that the company was violating the existing antimonopoly agreement. However, the Yekaterinburg branch did not provide any necessary papers or data to the agency on time, even though it was proved that the query had been delivered to the company’s office.
Therefore Rostelecom was found guilty of failing to provide the data upon Russia’s Federal Antimonopoly Service’s demand, which, according to the law, results in a fine of 300,000 to 500,000 RUR. As this was actually the first time the company had committed such an offense, the authorities imposed a 300,000-ruble fine on the company.
On December 10, 2012, an application was submitted to Sverdlovsk Region division of Russia’s Federal Antimonopoly Service by Voyentelecom. The agency then sent a query to Rostelecom’s Yekaterinburg branch in order to confirm or refute the fact that the company was violating the existing antimonopoly agreement. However, the Yekaterinburg branch did not provide any necessary papers or data to the agency on time, even though it was proved that the query had been delivered to the company’s office.
Therefore Rostelecom was found guilty of failing to provide the data upon Russia’s Federal Antimonopoly Service’s demand, which, according to the law, results in a fine of 300,000 to 500,000 RUR. As this was actually the first time the company had committed such an offense, the authorities imposed a 300,000-ruble fine on the company.
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