The Antimonopoly Committee of Ukraine lifted penalties in response to the demand of oil traders.

Tuesday, 25 Jul 2017

The Antimonopoly Committee of Ukraine lifted penalties in response to the demand of oil traders.

The Antimonopoly Committee of Ukraine lifted penalties in response to the demand of oil traders.

In the end of the last year the Antimonopoly Committee fined the largest oil traders in the country for the total amount of UAH 204,325,103 for the alleged “coordinated market behaviour”.

Most operators immediately declared the regulatory authority’s decision illegal and appealed to the court with respective lawsuits contesting the penalties. Most of them have proved the illegality and groundlessness of the accusations made by the AMC by now.

Read more

leave your comment