The Moscow Commercial Court has invalidated a Federal Antimonopoly Service decision that determined Megafon had imposed unfair terms on Moscow City Telephone Network (“MGTS”) as part of a takeover agreement in 2008. The terms required MGTS to pay Megafon increased tariffs for zone call completion services for the Moscow network.
The FAS had found these increases to constitute antitrust violations. The Moscow Commercial Court, however, disagreed with the FAS, and ruled that MGTS “had the economic opportunity to use Megafon’s services for the price of 1.02 rubles ($0.03), which did not result in any losses or expenses for MGTS,” according to RAPSI.
Source: RAPSI
Featured News
ConocoPhillips Acquires Marathon Oil for $22.5 Billion in Major Energy Sector Consolidation
May 29, 2024 by
CPI
Judge Denies Amazon’s Bid to Dismiss FTC Lawsuit Over Prime Membership Practices
May 29, 2024 by
CPI
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI