OREANDA-NEWS. December 14, 2011. FAS Commission decided to combine cases initiated by Novosibirsk and Volgograd Offices of the Federal Antimonopoly Service (OFAS Russia) upon the signs of concerted actions between the “Saving Bank of Russia” OJSC and “ROSNO” Insurance Company” OJSC in course of collective voluntary insurance of physical persons – bank borrowers. Such actions are contrary to Part 1 Article 11 of the Federal Law “On Protection of Competition”. The cases are combined to ensure their full, comprehensive and objective consideration, reported the press-centre of FAS Russia.

The case is scheduled for 2nd February 2012.

FAS Russia received materials from Novosibirsk and Vologda Regional Offices on cases initiated against the “Saving Bank of Russia” OJSC and “ROSNO” Insurance Company” OJSC upon the signs of violating Part 1 Article 11 of the Federal Law “On Protection of Competition” (prohibiting competition-restricting agreements or concerted actions).

FAS established that both cases were initiated by FAS regional offices based on similar facts: complaints of physical persons that the “Saving Bank of Russia” OJSC and “ROSNO” Insurance Company” OJSC imposed additional services upon bank borrowers in course of concluding loan agreements. The bank borrowers were forced to joint the Programme of life and health collective insurance of the borrowers of the “Saving Bank of Russia” OJSC and obtaining such insurance in a particular insurance company - “ROSNO” Insurance Company” OJSC.

FAS also established that borrowers were forced to join the Programme in the Novosibirsk and Vologda regions as part of No.258 Agreement between the “Saving Bank of Russia” OJSC and “ROSNO” Insurance Company” OJSC about conditions and insurance procedures of 31st August 2009.