Asters successfully defended a client in an alleged cartel collusion case
Asters, Kyiv, Ukraine,
Tue, Mar 21, 2017
Asters Law Firm acted as a legal counsel to ACNielsen Ukraine, successfully defending in court the company's interests in alleged retail cartel case.
On 2 March 2017 the High Commercial Court of Ukraine made the final decision in the litigation proceeding, which took more than a year and a half. The Court confirmed that the Antimonopoly Committee of Ukraine charges against ACNielsen lacked evidence and revoked the corresponding decision of the Committee.
"The Court's decision in this case is important for Ukrainian legal practice because it has a significant impact on the framework of the business' legal freedom and on the market conditions in many industries. This decision reaffirms the European approach to assessing the influence of information support and information exchange on the competition and on the market efficiency for consumers", – says Oleksandr Voznyuk, Partner at Asters.
"The questioned AMCU's decision set the precedent for the information exchange issues. In fact this decision led to a ban on preparation and use of marketing researches that would significantly limit the possibilities for business to understand and to track the market trends. The HCCU's decision sets the markers of allowed information exchange and creates the basis for successful completion of continuing proceedings of other defendants in the case", – Alexey Pustovit, Asters' Partner, comments.
Asters' team working on the project included partners Oleksandr Voznyuk and Alexey Pustovit, and associate Dmytro Vidsota.
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Asters' attorneys have profound knowledge and vast experience in the entire spectrum of antitrust issues that includes merger cases, concerted practices, abuse of dominance, unfair competition, etc. With more than 20 lawyers in the team, our antitrust/competition practice is the biggest and one of the most respected in Ukraine. Asters' partners Igor Svechkar, Alexey Pustovit and Oleksandr Voznyuk are the leading practitioners in this area.