Russian watchdog finds Wimm-Bill-Dann's subsidiary guilty of price fixing

© RIA Novosti . Alexey Danichev / Go to the mediabankRussian watchdog finds Wimm-Bill-Dann's subsidiary guilty of price fixing
Russian watchdog finds Wimm-Bill-Dann's subsidiary guilty of price fixing - Sputnik International
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Russia's anti-monopoly watchdog said on Monday it had found Manros-M, a subsidiary of Russia's top dairy producer Wimm-Bill-Dann in the Omsk region in west Siberia, guilty of price-fixing.

Russia's anti-monopoly watchdog said on Monday it had found Manros-M, a subsidiary of Russia's top dairy producer Wimm-Bill-Dann in the Omsk region in west Siberia, guilty of price-fixing.

The Federal Anti-Monopoly Service issued its statement after monitoring milk prices in the Omsk region in August, following which it found Manros-M and several other minor regional milk producers of price collusion, it said.

The monitoring showed that Manros-M hiked milk prices 15.02 percent, Vita 15.44 percent and the Lyubinsky dairy plant 9.53 percent last month, it said.

The anti-monopoly watchdog said it had issued an order to the dairy producers to eliminate the violations exposed during the monitoring, adding that it would also be imposing fines on them.

 

NOVOSIBIRSK, Russia, Sept 20 (RIA Novosti)

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