The Russian Federal Antimonopoly Service (FAS) charged the company Mosenergo a fine of 2.678 million rules for violating the antimonopoly legislation.
FAS found the generating company guilty of violating the law “On Competition Protection” in the part of manipulating the cost of electrical energy on the wholesale market. The core of accusations imposed on the company is that it submitted price offers for selling electrical energy that were both technically and economically ungrounded and too high. Such actions of the company resulted in a considerable change in electricity price.
The illegal manipulations were revealed in the following was. FAS obtained the data of monitoring the prices on the wholesale electrical energy market from the Market Council. On the basis of the letter from the Market Council FAS carries out a number of inspections in relation to Mosenergo keeping the requirements of the antimonopoly legislation and the inspections revealed violations.
Метки: power generating companies, Russian energy industry news, Мосэнерго, ФАС
