Ukraine

Ukraine Competition Head Says They Will Build Back Through Competition

Ukraine must not be tempted to relax competition enforcement when it starts rebuilding from the war Russia has waged on it, the head of the country’s antitrust agency has warned, reported mLEX. 

“In the post-war period, we will require even stricter … supervision of competition,” said Olha Pishchanska, chairwoman of the Antimonopoly Committee of Ukraine said. Russia is bombing Ukraine’s infrastructure to reduce competition, but the latter will defeat the invasion and define “new economic realities” through competition policy, the head of the country’s Antimonopoly Committee has said.

Read More: EU Regulators On The Application Of Competition Law During Ukraine Conflict

In connection with Russia’s war against Ukraine and introduction of martial law in the country, the Antimonopoly Committee of Ukraine (AMC) relocated from Kyiv to Lviv and decided to pause most of its current operations. The authority has attempted to maintain competition law, with guidelines published in April announcing that merger control and antitrust regimes remain in force and parties should file respective notifications to the AMC.

Further measures were declared, expected to last until the end of martial law, involving the suspension of various activities including (a) publication in the electronic system of decisions of complaints on violations of public procurement legislation, and (b) the deadlines for providing information in response to AMC requests, where the deadline for providing such information fell on 25 February 2022 or later.

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