Belarus’ Supreme Court disagrees with MART on alleged price fixing by August-Bel and its dealers
MINSK, Jul 15 - PrimePress. The Supreme Court of Belarus did not second the Ministry of Antimonopoly Regulation and Trade (MART) of Belarus, which claimed that Avgust-Bel CJSC and its dealers were engaged in price fixing that may lead to a division of the market, Stepanovski, Papakul and Partners law firm reports.<br> <br> MART conducted a large-scale investigation into the market of plant protection agents, and, reportedly, detected a conspiracy to fix prices during tenders, which involved 15 companies (Avgust-Bel and its dealers) across the country. According to MART, the cartel members divided the commodity market among consumers. They agreed on who should win PPA procurement tenders and determined price thresholds, below which the prices were not supposed to go during the bidding.<br> <br> The law firm says it has proved that some accusations against August-Bel were groundless. The Supreme Court reversed MART’s decision concerning the division of the commodity market (sub-paragraph 1.2 of article 20.1 of the antimonopoly law). MART is to reimburse a part of the state duty to the appellant. End<br> <br>
2021-07-15
Primepress
Belarus’ Supreme Court disagrees with MART on alleged price fixing by August-Bel and its dealers
MART conducted a large-scale investigation into the market of plant protection agents, and, reportedly, detected a conspiracy to fix prices during tenders, which involved 15 companies (Avgust-Bel and its dealers) across the country. According to MART, the cartel members divided the commodity market among consumers. They agreed on who should win PPA procurement tenders and determined price thresholds, below which the prices were not supposed to go during the bidding.
The law firm says it has proved that some accusations against August-Bel were groundless. The Supreme Court reversed MART’s decision concerning the division of the commodity market (sub-paragraph 1.2 of article 20.1 of the antimonopoly law). MART is to reimburse a part of the state duty to the appellant. End