MOSCOW, January 10 - RAPSI. The Supreme Commercial Court has refused to revoke a lower-court ruling that the Federal Grid Company of Unified Energy System (FGC UES) violated competition law in regards to Tyumenenergo, the court told the Russian Legal Information Agency (RAPSI/rapsinews.com).
The Moscow District Federal Commercial Court affirmed the Federal Antimonopoly Service's resolution on August 25, 2011 that FGC UES breached competition law.
FGC UES challenged the watchdog's August 2010 decision that it violated competition law and imposed disadvantageous technological connection contract terms on Tyumenenergo.
FGC UES maintained that the antimonopoly service neither proved that the company enjoys a dominant position on the technological connection market nor that Tyumenenergo's interests were damaged by the contract.
The antimonopoly service found FGC UES guilty of imposing disadvantageous contract terms on Tyumenenergo concluded for the benefit of LUKOIL-Energoseti for two power substations in Tyumen region.
FGC UES was established in 2002 as part of Russia's power engineering reforms. The company controls the country's major transmission lines. The government holds a 77.66 percent stake in FGC UES. FGC UES' share capital is split into 1.153 trillion ordinary shares.