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Home  »  Stavropol  »  Economics

Without the competition can not.

Arbitration Court rejected a claim the Ministry of Finance on the edge of nullity solutions and requirements of antitrust control.

Requirements Antimonopoly Service related to the selection of financial organizations to conduct operations with the budget.

As reported in the Stavropol UFAS, at the end of last year, the Ministry of Finance to cover the edges of the budget deficit has attracted loans. But it has ignored the provisions of the Law В«On protection of competition in the financial services marketВ», under which the selection of the financial institution should be conducted through open competition. The Ministry of Finance without competition chose a banking organization, by negotiating with the loan agreement.

- We did not have claims against the bank, besides the conditions were indeed the best and most likely he would have won in the contest if it was held, a violation only applies to Ministry of Finance and the whole edge of the Government approving the loan agreement - explained the representative of UFAS.

Antitrust Authority and the Ministry of Finance has instructed the Government of the UK to develop and provide the procedure for holding an open competition for the selection of financial organizations to carry out operations with the budget, but continue to carry out the selection on a competitive basis. But the Ministry of Finance tried to refute these claims in arbitration.

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