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Integrites Successful for Farmak in Abuse of Monopoly Position Claim

Integrites Successful for Farmak in Abuse of Monopoly Position Claim

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Integrites has successfully defended the interests of Farmak Public Joint Stock Company in a case involving LLC Pharmhim's partial refusal to supply Mebhydrolin, a medical substance that was actively used by PJSC Farmak to produce the pharmaceutical product Diazolin.

Integrites demonstrated to the Ukrainian Anti-Monopoly Committee that, because the Mebhydrolin could not be replaced with any other medical substance for the production of Diazolin, Pharmhim's refusal to supply the drug constituted an abuse of its monopoly position. "In addition," according to Integrites, "we calculated the amount of losses caused by the anticompetitive actions of LLC Pharmhim." As a result, on August 16, 2018, the Antimonopoly Committee of Ukraine imposed a fine on LLC Pharmhim.

Integrites describes the case as "absolutely unique because the Antimonopoly Committee of Ukraine ... for the first time has conducted such an investigation of the abusive actions committed by the monopolist."

The Integrites team consisted of Senior Partner Vyacheslav Korchev, Counsel Serhiy Shershun, and Associate Bohdan Ilchenko.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com


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