The Ukrainian Competition Authority fines a company €3.1B for alleged abuse of its dominant position (Gazprom)

Facts of the Case: On 22 January 2016, the Antimonopoly Committee of Ukraine (the AMC) announced a prohibition decision with a record fine on PJSC GAZPROM (Gazprom). This is a result of the investigation launched by the AMC in April 2015 upon request of the Cabinet of Ministers of Ukraine. The details of the AMC’s allegations are scarce and the decision is still to be published. Nonetheless, publicly available information reasonably suggests that Gazprom was found to: • hold monopsony position as an only buyer of gas transit services through Ukraine; and • constantly abuse this position by breaching terms of the contract with the Ukrainian service provider – NJSC Naftogaz Ukraine (Naftogaz) – during 2011-2015. The AMC concluded that the aforesaid

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Sergey Glushchenko, The Ukrainian Competition Authority fines a company €3.1B for alleged abuse of its dominant position (Gazprom), 22 January 2016, e-Competitions January 2016, Art. N° 77674

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