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The Ministry of Economy has developed a draft resolution of the Cabinet of Ministers of Ukraine “On approval of the Procedure for introduction of state regulation of prices for goods of economic entities that violate the requirements of legislation on protection of economic competition.”

The draft resolution of the Cabinet of Ministers of Ukraine “On approval of the Procedure for introduction of state regulation of prices for goods of economic entities that violate the requirements of legislation on protection of economic competition” was developed by the Ministry of Economy of Ukraine and published on June 9, 2020 – 

https://www.me.gov.ua/Documents/Detail?lang=uk-UA&id=8ef4f76c-95d8-45cd-a07a-36d96dc2df5d&title=ProektPostanoviKabinetuMinistrivUkrainiproZatverdzhenniaPoriadkuZaprovadzhenniaDerzhavnogoReguliuvanniaTsinNaTovariSubktivGospodariuvannia-YakiPorushuiutVimogiZakonodavstvaProZakhistEkonomichnoiKonkurentsii

The draft resolution provides, in particular, to approve the Procedure for introduction of state regulation of prices for goods of economic entities that violate the requirements of the legislation on protection of economic competition (hereinafter – the Procedure).

According to the draft resolution, this Procedure determines the mechanism of introduction of state regulation of prices for goods of economic entities that violate the requirements of the legislation on protection of economic competition, or commit actions that contain signs of violation of the legislation on protection of economic competition, setting such prices or other conditions sales of goods that could not be established in the presence of significant competition in the market, or by applying different prices or different other conditions to equivalent agreements with businesses, sellers or buyers without objectively justified reasons.

According to the draft resolution, the Procedure stipulates that the introduction of state regulation of prices for goods of economic entities is carried out by issuing a regulatory act within its powers, which develops, considers, adopts and promulgates taking into account the Law of Ukraine “On Principles of State Regulatory economic policy ”.

According to the draft resolution, the Procedure stipulates that the decision to introduce state regulation of prices in accordance with this Procedure is made by the following subjects of regulation – in the markets of medicines and medical devices (national and regional) – the Ministry of Health.

The basis for consideration of the issue of introduction of state regulation of prices for goods of economic entities is the recommendations of the Antimonopoly Committee of Ukraine.

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