FAS declares MTS and Vimpelcom fixed prices of iPhones
May 02, 2012
Russia's Federal Antimonopoly Service has declared that MTS and Vimpelcom colluded to fix the whole prices of the iPhone 4 Black, 16 and 32 GB. However, no legal measures will be taken against the companies because they have already stopped the practice. MTS and Vimpelcom deny the charges of price-fixing, which was alleged to have taken place from September 2010 to April 2011.
Full content: The Moscow News
Related content: Introduction of Leniency Programs for Cartel Participants: The Russian Case (Andrey Shastitko, Bureau of Economic Analysis Foundation, Moscow Lomonossov State University & Svetlana Avdasheva, University-Higher School of Economics in Moscow)
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