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Court to review dispute between Russian Railways and antimonopoly service

13:06 20/10/2011

MOSCOW, October 20 - RAPSI, Natalia Belova. An appeals court on Thursday postponed until October 27 its hearing of appeals against the antimonopoly watchdog's decision that the Russian Railways' tenders on insurance for its car park were illegal, the Russian Legal Information Agency (RAPSI) reports from the courtroom.

The Moscow Commercial Court held against the Russian Railways and upheld the antimonopoly service's decision in August. Then the Russian Railways and the successful tenderer, ZHASO insurance company, appealed the court judgment.

The court postponed the hearing to allow Russian Railways and ZHASO time to read and analyze the antimonopoly service's opinion.

The VSK and Ingosstrakh insurers are involved as third parties that complained onthe violations during the tender.

The Federal Antimonopoly Service found that Russian Railways broke the competition law in January when the company provided advantages to certain insurers in the bid for compulsory TPL motor vehicle and hull insurance contracts regarding Russian Railway's fleet of motor vehicles for 2009-2012.

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Court to review dispute between Russian Railways and antimonopoly service

13:06 20/10/2011 An appeals court on Thursday postponed until October 27 its hearing of appeals against the antimonopoly watchdog's decision that the Russian Railways' tenders on insurance for its car park were illegal.
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