On December 7, 2011 the Parliament of Ukraine introduced Draft Law No. 9553 “On Amending Certain Laws of Ukraine Regarding the Improvement of Measures to Protect from Unfair Competition”. Among other things, the Draft Law is expected to amend the laws of Ukraine “On Antimonopoly Committee of Ukraine” and “On Protection from Unfair Competition” to [...]
The Antimonopoly Committee of Ukraine (AMCU) continues to collect information about the pharmaceutical market with second set of its informational requests1 sent to market participants in early January 2012. If the first set of informational requests of AMCU aimed at getting a general idea about structure of the market and its main players, requests sent [...]
The Antimonopoly Committee of Ukraine makes the concentration clearance procedure for offshore companies more complicated The Order of the Antimonopoly Committee dd. July13, 2011, registered with the Ministry of Justice on August 5, amends the Concentration Regulations governing the procedure for submitting documents and obtaining concentration clearances. Thus, to obtain a clearance for concentration applicants [...]
The bill adopted as the basis aims at eliminating the differences connected with the definition of the jurisdiction of cases involving the Antimonopoly Committee of Ukraine. According to paragraph 3 Article 12 Part 1 of the Economic Procedural Code of Ukraine, the economic courts’ jurisdiction spans over cases on allegations of the Antimonopoly Committee in [...]
Today’s business press has been actively discussing the introduction of criminal liability for anticompetitive concerted actions, or “cartels” as they are called overseas. Such a concept is primarily lobbied by forces close to the AMCU and is being justified by the fact that the currently set fines of up to 10% of the offender’s revenues [...]
The anticompetitive concerted actions of governmental authorities are a frequent subject matter studied by AMCU as well as violations of antitrust laws, of which there are more than enough, especially on the part of local and self- government authorities. At the same time, most entrepreneurs, due to the ignorance of their rights and AMCU’s opportunities [...]
