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Leading coal company wins dispute with antimonopoly service

18:01 10/11/2011

MOSCOW, November 10 - RAPSI, Natalia Belova. The court has held for the Raspadsky coal company in its petition and revoked the antimonopoly service's decision that the company abused its position on the coking coal market, the court told the Russian Legal Information Agency (RAPSI).

The court heard the petition behind closed doors upon the claimant's request. The decision was pronounced on November 7.

The Federal Antimonopoly Service said in March that Raspadsky coal, the Evraz Holding, Yuzhkuzbassugol and the Evrazresource Trading House abused their dominant market positions.

The watchdog then opened cases against several managers of the Evraz Holding, Raspadskaya and Severstal due to differences between the domestic and export prices on coking coal.

The price difference for coking coal consumers varied from 20 percent to 48 percent. At the same time, the coal supplies could not provide a well-founded argument to justify the price difference.

Raspadskaya is a leading coking coal manufacturer in Russia. Raspadskaya integrates coal mining and enrichment enterprises in the Kemerovo region, Russia.

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Leading coal company wins dispute with antimonopoly service

18:01 10/11/2011 The court has held for the Raspadsky coal company in its petition and revoked the antimonopoly service's decision that the company abused its position on the coking coal market.
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