On 31 May 2017, the III Ukrainian Antitrust Forum took place in Kyiv, gathering a wide range of speakers and participants, including top officials of the Antimonopoly Committee of Ukraine (the AMC), experts from the Organization for Economic Co-operation and Development (OECD), guests from foreign competition authorities and representatives of Ukrainian business. This event allows Ukraine’s business community to draw the AMC’s attention to the “hot” issues in competition law enforcement and compliance. Equally importantly, the AMC uses this platform to report on its achievements and to announce upcoming developments.
Based on presentations of the AMC’s senior officials, the following initiatives are being developed by the AMC:
Some of these initiatives will require a legislative amendment, while others can be implemented by the amendment of the AMC’s regulations. The timing of implementation of these initiatives is not certain, as the AMC appears to be overloaded and understaffed.
At the first session of the III Ukrainian Antitrust Forum, Vladimir Sayenko presented the areas for improvement of Ukrainian competition laws, concentrating on merger control issues and procedural rights of undertakings in the investigations conducted by the AMC.
We will closely monitor the initiatives announced by the AMC and will be happy to share further details when there are any important developments. For further information about the most recent developments in Ukrainian competition law and practice, please contact Vladimir Sayenko or Valentyna Hvozd.