The Supreme Court of Ukraine has confirmed the necessity of paying a UAH 431 million fine by the largest cigarette distributor Tedis Ukraine (earlier Megapolis-Ukraine) imposed by the Antimonopoly Committee of Ukraine, Committee Head Yuriy Terentiev has said.
“The Supreme Court has decided in favor of the Antimonopoly Committee in a long lawsuit concerning Tedis, the distributor of cigarettes. The decision of the committee dated December 16, 2016 was retained with the exception of a little clarification regarding the way of fulfilling the obligation to establish a transparent pricing mechanism,” he wrote on his Facebook page on Tuesday.
As reported, the committee at the end of 2016 imposed a fine of UAH 431 million on Tedis Ukraine for abuse of the monopoly position on the market, but the company appealed against this decision in court.
