The Antimonopoly Committee of Ukraine issues an explanatory note after the adoption of the Law of Ukraine which improved control over mergers in terms of sanctions-related transactions

With the armed conflict lasting on the Ukrainian territory, economic and business interests are in need of protection as never before. One of the measures recently taken in this regard was to ensure that neither individuals, nor undertakings, placed under conflict-related sanctions, are able to evade the relevant restrictions by benefiting from the safe harbor of mergers. After the adoption of the Law of Ukraine which improved control over mergers in terms of sanctions-related transactions (Law) at the end of 2017, the Antimonopoly Committee of Ukraine (AMCU) decided to formally set out its approach and recently clarified how the Law should be applied by issuing a quite concise Explanatory Note on Improvement of Control over Mergers of Undertakings with Participation of Sanctioned

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Aleksyeyenko Oleksandr, Sviatoslav Henyk, The Antimonopoly Committee of Ukraine issues an explanatory note after the adoption of the Law of Ukraine which improved control over mergers in terms of sanctions-related transactions, 22 January 2018, e-Competitions Mergers & Joint ventures, Art. N° 86481

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