OREANDA-NEWS. February 15, 2012. The Federal Antimonopoly Service (FAS Russia) fined Gazprom Dobycha Orenburg Ltd. 11.9 million Rubles for committing violations on the market of gaseous helium, reported the press-centre of FAS Russia.

We must emphasize social importance of the goods, on the market of which FAS exposed the antimonopoly violation. Gaseous helium is the raw material for producing liquefied, which is mostly consumed by medical institutions, said Deputy Head of FAS Andrey Tsyganov.

The fine is imposed on the basis of FAS decision of 25th October 2011 that Gazprom Dobycha Orenburg Ltd. abused its market dominance (in breach of Clauses 2 and 9 Part 1 Article 10 of the Federal Law On Protection of Competition).

The case was initiated upon a petition of Krior Ltd. that had a contract with Gazprom Dobycha Orenburg Ltd. for supplying gaseous helium (grade B).

Gazprom Dobycha Orenburg Ltd. violated the law by withdrawing gaseous helium from circulation, the result of which was increasing the price of the goods. Also Gazprom Dobycha Orenburg Ltd. prevented entry of Krior Ltd. to the market of helium concentrate.

Reference:

Clauses 2 and 9 Part 1 Article 10 of the Federal Law On Protection of Competition prohibit actions (omissions) of an economic entity with dominant position that have resulted or can result in preventing, restricting, eliminating competition and (or) infringing the interests of other persons, on particular, the following actions (omissions):

Withdrawing goods from circulation if such circulation has resulted in increasing the price of the goods;

Preventing entry / exit of other economic entities to / from the market.