Russian Federal Antimonopoly Service has begun a large-scale inspection of auto parts suppliers

Russian Federal Antimonopoly Service has begun a large-scale inspection of auto parts suppliers

RNS – The Federal Antimonopoly Service (FAS) has started a large-scale inspection of Russian auto parts market for cartel collusion, as stated by FAS press office to RNS. According to the agency, the inspection will affect the manufacturers and suppliers of car parts.

“The need for such investigations has been caused by suspicions of price fixing at the market of maintenance and supply of spare parts. The investigation has already begun. The manufacturers and suppliers of automotive glass are under scrutiny at the moment” – as told as a response to the inquiry by RNS.

Negotiable fines and possible criminal liability under the Act 178 of the Criminal Code (restriction of competition) are the measures to be implemented, in case a cartel is found, as stated by FAS.

FAS had previously received complaints about dealers and distributors, considering the cost of prices and services for the maintenance and pricing of original spare parts. A code of car manufacturers was created upon the recommendation of the Federal Antimonopoly Service in 2013, in order to regulate the mutual relationships. In particular, the code has given the right to use non-warranty parts of appropriate quality to the dealers, after the expiration of the warranty period.