A PYMNTS Company

Ukraine: DTEK is not considered monopolist says regulator

By  |  January 31, 2019

This week, the Head of the Antimonopoly Committee of Ukraine (AMCU) Yuriy Terentyev said the Committee does not consider Ukraine’s largest private energy holding DTEK to be a monopolist on the country’s electricity market.

“The mere fact of having a significant market share is not enough. The electricity market is now regulated, with limited competition. In conditions of limited competition provided by [Ukraine’s National Energy and Utilities Regulation Commission] NEURC, we cannot say that the company [DTEK] abuses the monopoly position when all commercial decisions are made by the government [agencies],” he told a TV show “Tema Dnia” of the UA:Pershyi (UA:First) national television channel.

Full Content: UNIAN

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.