A PYMNTS Company

Russia: First food price-fixing claims arise since EU food import ban

By  |  September 9, 2014

The first price-fixing claims have been filed by Russian authorities since the nation introduced a food import ban from the EU, say reports.

    Get the Full Story

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

    yesSubscribe 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.

    Russia’s Federal Antimonopoly Service filed a lawsuit against poultry conglomerate Stavropol Broiler for price-fixing following a probe that found inflated prices, reports say. According to the regulator, Stavropol Broiler sold the lowest prices in the market before the food import sanctions were introduced.

    President Vladimir Putin signed a decree last month to ban food product imports from the EU in response to Western sanctions against Russia for its conflict with Ukraine.

    Full content: ITAR-TASS

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