Business news from Ukraine

Business news from Ukraine

AMCU fined Tairovo Wines almost UAH 1 mln for using Prosecco trademark

The Antimonopoly Committee of Ukraine (AMCU) has fined Tairove Vineri LLC for the unlawful use of the Prosecco designation, which was previously used by members of the Consortium for the Protection of the Name of a Controlled Enterprise Consortium for the Protection of the Name of a Controlled Enterprise (Italy).

“The Committee initiated the case at the request of the Consortium for the Protection of the Name of the Controlled Enterprise Prosecco, whose members export wine products under this designation to the territory of Ukraine,” the agency said in a statement.

According to the report, Tairovo Winery LLC began using the Prosecco designation in labeling its own wine products later than the Consortium members and without obtaining their consent.

According to the AMCU, such actions could lead to confusion of Tairovo Vaineri LLC’s activities with those of the Italian consortium members and provide unfair competitive advantages by using the business reputation of such members. This is evidenced by the results of a consumer survey conducted by the AMCU.

The Committee considered the actions of Tairo Vaineri LLC as a violation of Article 4 of the Law “On Protection against Unfair Competition” and fined it UAH 946,909.

, , ,