The Antimonopoly Committee of Ukraine (AMCU) adopted four decisions recognizing the actions of juice producer TB Fruit Capital LLC as a violation of the Law “On Protection of Economic Competition,” the agency reported.
The AMCU noted that in July 2021, the company acquired 100% stakes in the authorized capital of Arsenal Invest Khmelnytsky LLC, Arsenal Investgroup Vinnytsia LLC, Arsenal Investgroup LLC, and Arsenal Investgroup Gorodok LLC without obtaining the necessary permission from the committee. Consequently, the AMCU initiated proceedings for violations related to the company’s implementation of the aforementioned concentrations without prior permission.
The agency reminded that a concentration requiring permission in accordance with Part 1 of Article 24 of the Law “On Protection of Economic Competition” is prohibited until permission is granted for its implementation. Until such permission is granted, the participants in the concentration are obliged to refrain from actions that may lead to a restriction of competition and the impossibility of restoring its initial state.
The AMCU recognized such actions of the company as violations of paragraph 12 of Article 50 of the Law “On Protection of Economic Competition” in the form of concentrations without obtaining the relevant permits from the committee, the presence of which is necessary, and as a result of considering four cases, fined it a total of UAH 39,103,231.
According to Opendatabot, TB Fruit Capital LLC is registered in the city of Gorodok, Lviv region. It specializes in the production of fruit and vegetable juices, baby food, and the processing and canning of fruits and vegetables. The beneficiary of the company is Taras Koliankovsky.
