15:48 14.11.2017

Competition agency asks Naftogaz to present materials for investigating into loss of monopoly on market by company

Competition agency asks Naftogaz to present materials for investigating into loss of monopoly on market by company

 The Antimonopoly Committee of Ukraine has asked national joint-stock company Naftogaz Ukrainy to present materials of an investigation proving the fact that the company has lost monopoly on the gas market, the press service of the committee has reported.

"The committee asked the company to present the materials after an analysis conducted by Naftogaz Ukrainy, using standard European methods (SSNIP-test), proving that the company is not a monopolist on the gas market anymore," the press service said.

The committee said that in 2017 it started own study of the natural gas markets to determine the competitive environment.

As reported, early November, Naftogaz Ukrainy published the results of a study indicating that the company lost monopoly on the gas market. In addition, Naftogaz asked the Antimonopoly Committee of Ukraine to confirm or deny the conclusions of this study.

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