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Crackdown ahead? Greater scrutiny could catch foreign-to-foreign transactions

January 2011 - EU & Competition. Legal Developments by Astapov Lawyers International Law Group .

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The Anti-monopoly Committee has introduced a new system of scrutiny and close monitoring in order to identify and prosecute concerted actions and mergers implemented without proper clearance.

During the past few months the committee has kept an increasingly close watch on information from various Ukrainian and foreign sources, including internet and other mass media news, as well as company announcements and press releases. The committee specifically monitors information on cartels identified by the US, European and other foreign antitrust authorities; if participants have subsidiaries and offices in Ukraine, they may also be investigated by the committee

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First published in ILO, Competition - Ukraine. www.internationallawoffice.com

 


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