The Federal Antimonopoly Service will strengthen control over the pricing of short-term bread 

The Federal Antimonopoly Service (FAS) will strengthen control over the formation of prices for short-term bread, the agency has sent a corresponding instruction to the territorial authorities. This was announced on March 26 by the press service of the antimonopoly authority.

They also noted that they conducted a study to assess the shares of participants in the markets of short-term bread made from wheat, rye, as well as a mixture of rye and wheat flour. The production indicators of more than 1.5 thousand surveyed industry entities for 2022-2024 were analyzed.

In 82 regions, the agency identified manufacturers with a significant share in sales of these products. The territorial departments of the Federal Antimonopoly Service of Russia will analyze the validity of the wholesale prices they set. If there are grounds, FASP will take antitrust response measures.

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On the same day, Russian Prime Minister Mikhail Mishustin named intermediaries' margins as one of the main factors driving up food prices. Mishustin stressed that the FAS is closely monitoring the price situation. If necessary, she takes drastic measures. The Head of Government also stated the importance of increasing the level of control more actively.