Economy

Competition agency official initiates probe into violation of law by large tobacco companies

The authorized official of Ukraine's Antimonopoly Committee Ahiya Zahrebelska sees signs of violation of economic competition protection legislation in actions of four largest tobacco companies with foreign capital in the form of setting the conditions for sale of cigarettes that resulted in removal of competition on the market.

"Today I submitted… all the required documents to include one more issue in the agenda of the committee meeting scheduled for December 16: making a protocol decision that there are signs of violation of economic competition protection legislation… in actions of private joint-stock company Philip Morris Ukraine, public joint-stock company JT International Ukraine, private joint-stock company Imperial Tobacco Production Ukraine and private joint-stock company B.A.T.-Pryluky," she said on her Facebook page.

Zahrebelska said that the committee on December 13 announced a break until December 16 in a meeting to discuss violation of legislation by Tedis Ukraine LLC, the largest tobacco distributor in Ukraine.

MORE ABOUT

LATEST