AMCU: Operator on oil products market fined for groundless increase of prices for gasoline and diesel fuel

The Anti-Monopoly Committee of Ukraine has imposed a fine of UAH 500 thousand on Optima Trade company for violation of its monopolistic state. Such a decision was approved on the outcomes of a meeting of Temporary Administrative Collegium of the Committee held in the framework of an official visit of acting head of the Committee Olexandr Melnychenko to Kharkiv region.

As the Committee found out, Optima Trade had charged extra prices for gasoline and diesel fuel in Sumy region. In particular, increase of retail fuel prices took place inadequately with change of purchasing prices. So, if in February against January of 2009 a purchasing weighted average price fell by 20%, retail price of the operator increased to 8%.

In February of 2008 the Committee fined Optima Trade with UAH 1 million for violation of the monopolistic state on the market of retail trade of gasoline and diesel fuel in Dnipropetrovsk, Zaporizhzhya and Cherkasy regions.

During seven months of current year the Committee has imposed fines on operators of oil product market for violation of competitive legislation to the tune of UAH 3.5 million.