On 14 March 2014, the Antimonopoly Committee of Ukraine (AMC)
released the annual report on its activities in 2013.
Traditionally, the reports sheds some light on the priorities in
the enforcement efforts of the AMC, provides details on the most
interesting cases handled by the AMC and outlines the most
important trends that we tried to highlight below.
- During the last year, the AMC fulfilled its promise to
increase considerably the
fines for antitrust law violations. As a
result, in 2013 the total amount of the fines imposed by the AMC
grew by approximately 1.8 times (EUR 74.4 million against EUR 40.4
million in 2012), while the number of violations investigated by
the AMC last year grew by 1.3 times. The amount of fines imposed by
the regulator does not necessarily demonstrate its effectiveness,
but it certainly creates the deterrent effect that is of great
importance to the AMC.
