Improved Leniency Policy: Overview For Businesses In Light Of Ukraine’s New Competition Law – Cartels, Monopolies

March 2024 – A leniency procedure has been in
place in Ukraine for many years. However, available data suggests
it has been severely underutilised. A recent first stage of
competition law reforms in Ukraine introduced, among other things,
an improved leniency policy. The changes, implemented in February
2024, are aimed at aligning the respective local regulations more
closely with EU laws.

The most noteworthy changes include:

• in addition to full immunity for a first applicant, the
  programme offers a reduction in fines for other cartel participants
  applying for leniency;




• the possibility to conduct anonymous preliminary consultations
  with the regulator;




• a detailed procedure for obtaining a marker.

In a nutshell, the process will be made more transparent,
offering greater guarantees to parties opting for a leniency
procedure. Even though legal experts maintain that there is room
for further improvement, the new procedure undoubtedly represents a
significant step forward.

For more details, please see our leaflet covering this topic in
English and Ukrainian below.

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The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.