Major Procedural Safeguards Introduced For Competition Law Enforcement In Ukraine

On 6 February 2018, the Ukrainian parliament adopted a law (the "Law") introducing and enhancing a number of instruments to make companies less susceptible to investigations by the Antimonopoly Committee of Ukraine (the "AMC"). The most notable changes introduced by the Law include an improved leniency policy, the introduction of a settlement procedure in cartel cases, and the determination of time limits for AMC investigations.

The approved Law requires the signature of the president to take effect and will enter into force three months following its promulgation – with the exception of the provisions on cartel case settlements, which take effect in 2020.

Time limits for AMC investigations