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Ukraine: Prime Minister demands ‘antitrust checks’ for monopolies

 |  December 9, 2014

Ukraine’s Prime Minister Arseniy Yatseniuk is calling for stricter competition rules to regulate the market power of major corporations, according to reports.

The nation’s monopolies should have to pass antitrust checks on a regular basis, Prime Minister Yatseniuk said. Those checks would determine how those companies are regulated.

”All monopolies should pass antitrust checks, the procedure of control and, accordingly, be either deprived of the status of a monopoly or act in accordance with the government regulations as the companies being under state control, because they have a monopoly on the market,” he said.

The premier added that the nation must adopt a new competition regime to implement such a proposal.

Full content: Interfax

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