Antimonopoly Committee of Ukraine Makes Steps towards Increasing Its Transparency
The Antimonopoly Committee of Ukraine (AMCU) recently adopted a resolution to publish its decisions, respecting the confidentiality of information. Such approach is previewed also by Draft Law #2102 “On Amendments to Certain Legislative Acts of Ukraine regarding Ensuring Transparency of Antimonopoly Committee of Ukraine”, passed by the Verkhovna Rada of Ukraine in the first reading and supported by the Chamber with a requirement to set up clear definitions of confidential information.
The Chamber appreciates the efforts of the AMCU aimed at publishing its decisions, but highlights that necessary legislative changes must be adopted in the nearest future to ensure the right balance between the need for transparency and applicants’ interests.
The Chamber welcomes these positive changes in the functioning of the competition authority and hopes that new leadership of the Antimonopoly Committee will apply such constructive approach in the future.