Asters has represented ACNielsen Ukraine in a successful defense of the company's interests in an alleged retail cartel case that has lasted for over a year and a half.
On March 2, 2017, the High Commercial Court of Ukraine reached its decision, ruling that charges brought by the Antimonopoly Committee of Ukraine against ACNielsen lacked evidence and revoking the corresponding decision of the Committee.
"The Court's decision in this case is important for Ukrainian legal practice because it has a significant impact on the framework of the business' legal freedom and on the market conditions in many industries," said Oleksandr Voznyuk, Partner at Asters. This decision reaffirms the European approach to assessing the influence of information support and information exchange on the competition and on the market efficiency for consumers."
"The questioned AMCU's decision set the precedent for the information exchange issues," added Partner Alexey Pustovit. "In fact this decision led to a ban on preparation and use of marketing researches that would significantly limit the possibilities for business to understand and to track the market trends. The HCCU's decision sets the markers of allowed information exchange and creates the basis for successful completion of continuing proceedings of other defendants in the case."
Voznyuk and Pustovit were assisted on the case by Asters Associate Dmytro Vidsota.
