According to data of the Authority for Fair Competition and Consumers (AFCC), petroleum importers’ fine for their plot of gasoline price increase has been increased from MNT10 billion to MNT20 billion due to 2011 profit accounting of the organizations.

Besides, the authority has checked some sausage factories and cell phone service organizations.  AFCC blames that some 12 sausage factories have increased sausage price without basis because it concluded that sausage producers have had plot to increase production price during a meeting that was held at Khuns Complex LLC on January 28. Sausage sell has usually raised during holidays and sausage factories have increased sausage price by from MNT1,000 to MNT1,300 from January 29. That is why AFCC has sent notes to fine sausage factories by scope of 0.5 percent sell income of previous year in accordance of the law on competition and reduce sausage price.

Also AFCC has revealed several distortions of cell phone service organizations such as Unitel and Mobicom including payment and service account, sale and bonus. That is why the two organizations would be fined each MNT10 million. Also they have been asked to eliminate distortions within the end of March.