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Russia: Probe into price-fixing at universities

By  |  January 29, 2015

The country’s anti-monopoly authority (FAS), together with the general prosecutor’s office, plan to start widespread checks at universities on suspicion of price fixing and unfounded increases in the cost of tuition.

Lybov Dukhanina, an official spokeswoman for the ONF, said that many Russian universities have significantly increased their tuition fees by 25 percent and more since the beginning of the year, demanding that students pay fees in foreign currencies.

This charge of price fixing will be considered by Russia’s lower house of parliament, the Duma, at one of its next sessions. Mikhail Starshinov, a member of the Duma, claimed the fee increases are the result of price fixing, organised by some of Russian leading universities. ‘Such a situation is unacceptable,’ Starshinov says.

Full Content: Chemistry World

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