In the very end of 2016 Ukrainian antitrust authority, the Antimonopoly Committee of Ukraine (the AMCU), imposed a large fine of approx. EUR 110,000 for gun jumping. The said fine is unprecedented from perspective of merger control-related penalties in Ukraine which previously ranged from approx. EUR 1,000 to EUR 10,000.

The merger in question was qualified by the AMCU as gaining of control over the target by means of appointing of one of acquiring party's managers to the position of the head of the supervisory board of the target.

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Arzinger_LA_Antitrust and Competition_10 March_ENG.pdf