Economy

Competition agency fines DTEK UAH 275 mln for abuse of monopoly, company believes decision biased

Competition agency fines DTEK UAH 275 mln for abuse of monopoly, company believes decision biased

 The Antimonopoly Committee of Ukraine (AMCU) on Tuesday decided to impose a fine of UAH 175.9 million on JSC DTEK Zakhidenergo and UAH 99.2 million on D.Trading LLC for abuse of monopoly position on the Burshtyn Energy Island in July-October 2019.

For its part, DTEK considers the decision taken as biased and unfounded.

"During the consideration of the case, the committee did not conduct a proper study of the functioning of the electricity market, the evidence and expert opinions provided were ignored," DTEK said in a statement following the decision.

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