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Asters Scores for Metro Cash & Carry Ukraine in Alleged Cartel Lawsuit

Asters Scores for Metro Cash & Carry Ukraine in Alleged Cartel Lawsuit

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Asters has successfully represented Metro Cash & Carry Ukraine in its challenge to fines levied by Ukraine's Antimonopoly Committee in a retail cartel case.

On December 5, 2017, the High Commercial Court of Ukraine rendered a final decision, finding that the antitrust charges against Metro lacked proper grounding. As such, the court annulled the competition authority's 2015 decision to fine the company in the amount of around USD 1 million and prohibit certain commercial practices of the company.

Asters' team working on the project included Partner Igor Svechkar and Senior Associates Sergiy Glushchenko, Anna Tkachova, and Oleksiy Ukolov.