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EPAM Defends Interests of Mondi Syktyvkar Before Russia’s Federal Antimonopoly Service

EPAM Defends Interests of Mondi Syktyvkar Before Russia’s Federal Antimonopoly Service

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Egorov Puginsky Afanasiev & Partners has successfully represented the interests of Mondi Syktyvkar before the Federal Antimonopoly Service of the Russian Federation. Mondi Syktyvkar is a subsidiary company of international group Mondi Uncoated Fine Paper and is Russia’s largest producer of offset paper.

Following an audit of major producers of pulp and paper products, the Russian Federal Antimonopoly Service (FAS) initiated legal proceedings against Mondi Syktyvkar on the grounds that it had abused its dominant market position by setting monopoly prices for offset paper. The basis for the investigation was a significant increase in the cost of offset paper between January and December 2015, the pulp and paper products market being recognized by FAS as socially significant.

The EPAM legal team established that, in the period of Mondi Syktyvkar’s price increases, a new company, Archangelsk PPM, had entered the market, leading to a significant redistribution of market shares between competitors and to the loss of Mondi Syktyvkar’s dominant position.

As a result, FAS ceased its proceedings against Mondi Syktyvkar.

The EPAM team included Partner Anna Numerova, Counsel Denis Gavrilov, Senior Associate Alexey Rodionov, and Associate Maria Kryuchkova.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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