News

Official position of TEDIS Ukraine company on the decision of the Antimonopoly Committee of Ukraine

16 december 2016
On December 16, 2017, the Antimonopoly Committee of Ukraine delivered judgement on recognizing the position of TEDIS Ukraine Ltd to be monopolistic on the market of cigarettes distribution and on the company’s committing violations by way of abusing this position. Also, two fines totalling 431 mln. UAH were levied on TEDIS Ukraine by this judgement.
Passing the judgement the Antimonopoly Committee of Ukraine ignored not only the company’s position and the experts’ conclusions but also the objective circumstances under which the markets of tobacco products functions.
In view of the above, the company cannot agree with the Committee’s judgement and means to seek judicial review of the decision.