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Russian Antitrust Service Initiates Case Against LG

© Sputnik / Maria Sibiryakova / Go to the mediabankA new LG G6 mobile phone presented at the Mobile World Congress 2017 exhibition in Barcelona. File photo
A new LG G6 mobile phone presented at the Mobile World Congress 2017 exhibition in Barcelona. File photo - Sputnik International
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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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