Avito, one of Russia's largest online marketplaces, has decided to remove all listings for gasoline resale from its platform. The company's press service announced that this step was taken to prevent price speculation on essential goods.
Avito officials stated, "To prevent speculation, all gasoline resale listings on Avito will be hidden as soon as possible. The rule has come into effect, and moderation has begun."
The company also committed to reviewing regulations for this category and updating the rules, potentially to the point of prohibiting specific actions.
The decision came after Russia's Federal Antimonopoly Service (FAS) this week sent a request for information on fuel prices and sales volumes to two major independent fuel station chains in Moscow and the Moscow region, 'Trassa' and 'Neftmagistral'.