In December, the Russian Federal Anti-Monopoly Service (FAS) recorded a 45-100% increase in weighted average wholesale prices of chicken eggs in the Volgograd region compared to October, and a lawsuit was filed against producers. This was reported by TASS.
The publication notes that the regional branch of the FAS revealed a simultaneous increase in egg prices by five companies.
The service emphasized that a lawsuit was filed against the producers on the grounds that a cartel agreement was made. FAS emphasized that companies will face turnover penalties if the crime is detected.
Before that, regional bodies of the Russian Federal Antimonopoly Service (FAS) woke up Four more lawsuits were filed against chicken egg producers due to sudden price increases.
According to the Federal Anti-Monopoly Service of the Kemerovo Region, chicken egg producers “Inskaya Poultry Farm” and “Yashkinskaya Poultry Farm”, which occupy a leading position in the regional market, allowed wholesale prices for chicken eggs to increase by 100 percent in October this year. 31-40% compared to September.
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Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.