Changes In Administrative Review And Verification Of The AMC Decisions

On 14 February 2011, the Antimonopoly Committee of Ukraine (the "AMC") adopted changes to its Rules of Review of the Applications and Cases Concerning Infringement of the Legislation on the Protection of Economic Competition N 84-р (the "Order").

The Order changes the administrative review and verification procedures conducted by the AMC with respect to its previously-adopted decisions, so as to make such procedures compliant with the requirements of the Law on Protection of the Economic Competition (the "Competition Law").

The main changes introduced by the Order include:

1. A more transparent and clearly structured verification procedure of the decisions adopted by the AMC/its territorial subdivisions. In particular, the statutory period during which an application for verification of a decision by AMC may now be submitted to the AMC by a participant in that case is up to two months after the relevant AMC decision was received by the applicant; and