Egorov Puginsky Afanasiev & Partners has successfully represented Magnit in an antimonopoly case initiated by Chelyabinsk OFAS Russia against Spar and Magnit involving an alleged cartel conspiracy.
The case relates to the increase in the price of buckwheat in Russia. According to EPAM, it resulted from "a large-scale investigation into the buckwheat price increase in March 2020, considered in the context of the regulator’s focus on the pricing of staple food products."
EPAM reported that Chelyabinsk OFAS dismissed the case on February 8, 2021, after finding "a lack of uniformity and synchronicity in the retail chains’ behavior, as well as the economic impossibility of collusion between Magnit and Spar."
EPAM/s team consisted of Partner Evgeny Bolshakov, Head of Competition Natalia Korosteleva, and Associates Igor Gavrilov and Oxana Akhmedova.
