Russia would gain effective control of the proposed merger of OAO GMK Norilsk Nickel, Evraz Group SA and other metals producers should it acquire a minority stake, the head of the Federal Antimonopoly Service’s said.
Russia is taking legal action to block companies controlled by Iran from acquiring the strategic Astrakhan port on the Caspian Sea in violation of United Nations sanctions, the Russian competition watchdog chief said.
TNK-BP may be fined 1.8 billion rubles ($57 million) in the so-called third wave of cases into high fuel prices, Interfax reported, citing Igor Artemyev, the head of Russia’s Federal Anti-Monopoly Service.
Russia’s competition watchdog plans to fine four of the country’s largest oil producers for inflating diesel prices at the end of 2010 and beginning of 2011, RIA Novosti reported, citing Igor Artemyev, the head of the Federal Anti-Monopoly Service.
Russian authorities are trying to settle a dispute with Telenor ASA by October involving the company’s purchase of a stake in VimpelCom Ltd., Vedomosti newspaper reported, citing Igor Artemyev, head of the Federal Anti-Monopoly Service.