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Telecommunications Company Fined 19 Million Rubles Over Cartel Activities in Kuban

Transport firm implicated in covert dealings on bids for group kid transportation services within a cartel arrangement.

Penalty of 19 million rubles imposed on a carrier over Kuban cartel involvement
Penalty of 19 million rubles imposed on a carrier over Kuban cartel involvement

Telecommunications Company Fined 19 Million Rubles Over Cartel Activities in Kuban

In a recent development, the transport company LLC "KubanGruzServis" has been fined for its involvement in a cartel in the organized group children transportation services in Krasnodar Krai.

The regional antimonopoly service discovered the cartel, which also included LLC "Speztransavto" and two individual entrepreneurs. The initial fine imposed on the cartel was a substantial 24 million 398 thousand 240 rubles.

Upon receiving the fine, LLC "KubanGruzServis" disputed the decision and filed a lawsuit with the Arbitration Court of Krasnodar Krai. However, the court was not satisfied with the lawsuit, and the fine was upheld.

The transport company then attempted to reduce the fine through legal means, but was unsuccessful. The Fifteenth Arbitration Appeal Court upheld the decision of the supervisory authority, and the reduced fine decided by the court was 19 million 178 thousand 200 rubles.

Despite the efforts of LLC "KubanGruzServis" to appeal the decision, the Fifteenth Arbitration Appeal Court upheld the decision of the original fine. The press service of the Federal Antimonopoly Service for Krasnodar Krai reported the payment of the reduced fine by LLC "KubanGruzServis."

It is important to note that there are no verified or recent public information about this cartel involving these transport companies in Krasnodar Krai from the current search results. If you require the latest updates, you may need to consult specialized local news sources or official investigations by Russian regulatory or law enforcement agencies directly.

In response to the fine, LLC "KubanGruzServis" might seek assistance from other businesses in the transportation industry and finance sector to help reduce their financial burden. Such a move could potentially impact the overall business environment and access to capital within the Krasnodar Krai region.

Due to their legal troubles, the reputation of LLC "KubanGruzServis" and other companies involved in the cartel could deter potential investors from the finance industry, impacting their future growth and development prospects.

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