Russian anti-monopoly service has work cut out for it as fish prices rise throughout Russia
SEAFOODNEWS.COM by Eugene Gerden - Sept. 30, 2014
Moscow- As fish prices rise at many retail stores throughout Russia, the Russian Federal Anti-Monopoly Service (FAS) has its work cut out for it. They have started massive checks of fish producers and suppliers because of what they claim are "unfounded price increases."
The (FAS) has is focusing on the producers and suppliers of fish and seafood to the domestic market, with the aim to prevent unfounded price increases in the domestic market.
To date, inspections have already started in Moscow, the Moscow region, Murmansk, Novosibirsk and other regions of the country. According to FAS, inspections will target leading players in the Russian market, among which are Russian Sea, Russian salmon and other companies. According to retail chains, these companies have significantly increased prices for their products.
According to sources close to Magnit, Russia’s largest retail chain, some of its suppliers have significantly increased fish prices
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