Competition Law

Prohibition of Anti-Competitive Agreements

The Competition Law prohibits agreements, concerted actions, and decisions that restrict competition, including cartels, price-fixing, market allocation, bid rigging, and other forms of anti-competitive collusion.

Abuse of Dominant Position

The Competition Law prohibits abuse of a dominant position by market participants. This includes practices such as excessive pricing, unfair competition, predatory pricing, discriminatory treatment, and other actions that harm competition and consumers.

Merger Control

Competition law in Ukraine includes provisions for merger control. Parties to certain mergers and acquisitions exceeding specified thresholds are required to notify and obtain approval from the Antimonopoly Committee of Ukraine (AMCU) before completing the transaction.

Unfair Competition

The Competition Law prohibits unfair competition practices, such as misleading advertising, unfair use of intellectual property rights, disparagement of competitors, and deceptive business practices.

Antimonopoly Committee of Ukraine (AMCU)

The AMCU is the central authority responsible for enforcing competition law in Ukraine. It investigates anti-competitive behavior, reviews merger notifications, issues decisions and penalties for violations, and promotes competition advocacy.

Penalties and Sanctions

Violations of competition law can lead to fines, penalties, and other sanctions imposed by the AMCU. These penalties can include significant financial penalties, divestiture of assets, and other measures aimed at restoring competition.