UKRAINE

Kyiv, 15 April 2015 - Partner Antonina Yaholnyk has contributed to the Competition & Antitrust Newsletter, published by International Law Office (ILO). The article touches on the latest trends in competition law enforcement in Ukraine and considers necessary further steps as well as the role of the antitrust authority in enforcement.

Despite the difficult economic situation, competition law enforcement has developed significantly over the past few years, with more cartel investigations, greater control over dominant undertakings and a significant increase in monetary penalties. Although no dramatic changes have been made to the Law on Protection of Economic Competition 2001 (referred to as the 'Competition Act'), amendments have been introduced through secondary legislation – in particular, acts of the Anti-monopoly Committee (AMC) – and case law. These changes mainly relate to market demands and include the introduction of a leniency programme, a refocusing of unfair competition law enforcement and progress in preparing vertical guidelines.

Read full version: http://www.internationallawoffice.com/newsletters/detail.aspx?r=30857
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