Food And Drinks Market: Antitrust Regulation News

AMCU's activities. Results and plans

At the web conference of the Antimonopoly Committee of Ukraine on the results of 2012, Mr. Vasyl Tsushko, Head of the AMCU, said that the AMCU had livened up its work in all areas. Thus, in 2012 the AMCU authorities examined more than 6.5 thousand applications about competition violations. This is 37% more than in 2011.

According to preliminary information, the amount of fines imposed in 2012 was in excess of UAH 687 million, which was 9 times more than in 2011.

An important development in the field of state regulation of competition has been the newly adopted concept of the State Program of Competition Development for 2014-2024.

The AMCU's website reported that 1075 inspections of business entities and government authorities for compliance with competition law are going to be held in 2013.