A PYMNTS Company

Russia: Gazprom officially under watch, again

By  |  April 3, 2013

Russia’s Federal Antimonopoly Services has announced an official investigation into Gazprom, Russia’s largest energy company and one of the largest companies on the planet. Reports say the probe will look into whether Gazprom’s pipe supply contracts abused the company’s dominant position in the market by signing contracts only with their own chosen contractors. A higher-up in FAS also told the media that Gazprom is alleged to have signed contracts with pipe trader North European Pipe Project in a deal that gave the trader exclusivity in the market, thereby restricting competition. A similar investigation was launched earlier this month.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: Rapsi News

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.