Ukraine: Trade Regulation & Practices

Ukrainian competition law currently lacks guidance on various legal questions, including vertical restraints; legal uncertainty exists even with regard to clauses regularly used in distribution agreements in other jurisdictions.

On the path of reforms Ukrainian competition law is that very area where progress is recognized by professional circles and international community.

Sayenko Kharenko's antitrust team has provided legal assistance in obtaining merger clearance with the Antimonopoly Committee of Ukraine for the USD 12 billion acquisition by Molson Coors Brewing Company . . .

How would you summarise the development of private antitrust litigation? The number of private antitrust litigation cases is growing gradually and the relevant jurisprudence is in the process of formation.

Competition policy is a legal tool to effect economic behaviour. Although the Ukrainian competition regulations, in particular those related to concerted practice, are based on the same principles as those in the EU competition law, their implementation on a number of occasions differs significantly from that of the other European competition regulators.

Ukraine’s accession to the World Trade Organization in 2008 after almost 15 years of negotiations was a benchmark for fundamental changes in the Ukrainian trade system and regulations.