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Reuters
Reuters
Business

Russia opens antitrust probe into military equipment retailers

Russia's competition watchdog opened a series of investigations on Friday into price rises for military goods as demand rose amid Moscow's drive to enlist hundreds of thousands more Russians for its military operation in Ukraine.

The federal anti-monopoly service (FAS) said it was looking into reports of sharp price rises for goods ranging from ammunition to army boots at six retail outlets.

The probe concerns rising prices for "ammunition, tactical clothing, sleeping bags, thermal underwear, backpacks, trekking shoes, hiking accessories and other items," the FAS said in a statement.

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