The Antimonopoly Committee of Ukraine (AMCU) fined Bauer Medical GmbH Subsidiary Company (Ivano-Frankivsk) a total of UAH 300,000 for false information on the packaging of Heparin Dr. Bauer cream in 25-gram tubes.
According to the AMCU, the committee concluded that the information stating that this cream is an “anti-varicose, anti-edema, and tonic agent” is false and misleading. At the same time, the company did not provide the committee with sufficient evidence to confirm the information about the properties of the cosmetic product.
At the same time, the company acknowledged the violation, ceased it, and recalled and returned the relevant products, which was taken into account by the committee when calculating the amount of the fine.
The AMCU specifies that the company was fined UAH 100,000 for violating the law on protection against unfair competition and another UAH 200,000 for violating the legislation on protection of economic competition.
LLC “Subsidiary Company Bauer Medical GmbH” was founded in 2001 and is engaged in the retail sale of pharmaceutical and cosmetic products. The ultimate beneficiary of the company is Oksana Shevchenko.
