14:01 GMT17 February 2020
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    The Federal Antimonopoly Service (FAS) initiated a case against LG's Russian structure for signs of illegal coordination of economic activity, according to a FAS spokesman.

    MOSCOW (Sputnik) — The Federal Antimonopoly Service (FAS) initiated an antitrust case against LG's Russian structure for coordinating prices for a number of smartphones in Russia, a FAS spokesman told Sputnik on Wednesday.

    "FAS initiated a case against LG Electronics RUS for signs of illegal coordination of economic activity. According to FAS, LG Electronics RUS used a special program for monitoring the prices of retailers to control prices for a number of LG smartphones," the spokesman said.


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    LG, Federal Anti-Monopoly Service (FAS), Russia
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