Antitrust legislation in Ukraine refers to the legal provisions governing relations between businesses and the state. The primary aim of these regulations is to prevent the establishment of monopolies in the market and to ensure transparent competition. It is this very competition that supports small businesses and prevents large companies from dominating the market.
Key benefits of antitrust law in Ukraine
The introduction of antitrust legislation in Ukraine has completely transformed the way business is conducted. This has been achieved thanks to the following benefits:
- the ability to curb price rises through competition;
- the availability of a variety of options, providing alternatives for consumers;
- stimulation of technological development and innovation to improve products;
- creation of a level playing field for businesses of all sizes;
- protection of economic competition;
- preventing businesses from gaining full control over strategic sectors.
Antitrust lawyer: legal support
The assistance of an antitrust lawyer is primarily essential for businesses. It is the lawyer who develops the right strategy to counter unfair moves by competitors. A specialist is also needed in the following matters:
- support for various agreements;
- obtaining permits from the Antimonopoly Committee of Ukraine;
- analysis of contracts to minimise legal risks;
- protection against damage to business reputation;
- challenging discriminatory tenders.
Antitrust law consultancy at Svarog
Legal assistance when dealing with the Antimonopoly Committee is essential to protect against infringements. Furthermore, a lawyer will help you respond swiftly to the results of an inspection or the imposition of a fine. To avoid any worries during an inspection, contact Svarog’s lawyers in good time. We guarantee:
- personalised assistance should you need to appeal a fine;
- support during negotiations with committee representatives;
- assistance in obtaining merger clearance;
- support during a legal audit of your business;
- assistance in defending against allegations of abuse of a monopoly;
- developing a strategy to achieve the desired outcome in dealings with the committee.
Any antitrust law matter can be resolved quickly and lawfully. Contact our lawyers right now if you needed help yesterday!
Frequently Asked Questions
When do you need a lawyer specialising in antitrust law?
Their assistance can be useful in the following cases:
- company acquisitions or mergers;
- participation in public procurement;
- protection against competitors;
- assistance in initiating proceedings with the Antimonopoly Committee.
How do I obtain authorisation from the Antimonopoly Committee?
The procedure for obtaining authorisation involves submitting an application and a supporting package of documents.
What should I do during an AMCU inspection?
This can happen to any business that comes under scrutiny. It is important to follow these steps:
- receiving the inspection order;
- requesting official identification;
- recording every action during the inspection;
- seeking legal assistance;
- providing full answers to all questions.
How to appeal a fine imposed by the Antimonopoly Committee?
Appeals are made exclusively through the courts. To do this, you must:
- apply to the commercial court;
- prepare a statement of grounds;
- pay the court fee;
- submit the claim by post or via the electronic court system.
What are the risks of breaching competition law?
The Antimonopoly Committee closely monitors fair competition. Breaches of this law have the following consequences:
- imposition of substantial fines;
- contribution to the annulment of agreements that have infringed competition;
- damage to the company’s reputation and loss of trust in it;
- criminal liability.
How much does legal assistance in antitrust law cost?
The cost of a lawyer’s services for defence in the field of antitrust law is determined by the complexity of the case. It is important to seek advice in good time in order to obtain legal assistance.