LUKOIL Pays Over 600 Million in Fines for High Diesel Prices

On February 17th, LUKOIL companies paid over 600 million Rubles in fines for violating Russia's antimonopoly laws.  In course of the “third wave of antimonopoly cases”, Russia's Federal Antimonopoly Service (FAS) imposed the fines for fixing and maintaining monopolistically high prices for diesel fuel.  LUKOIL is not the only company to have been charged or fined in connection with the FAS's "third wave of antimonopoly cases." Total fines imposed by the FAS in connection with these cases (including against “Gazprom Neft” OJSC, “Bashneft ANK” OJSC, and “Risneft NK” OJSC) amounts to over four billion Rubles.


http://en.fas.gov.ru/news/news_32045.html