Khmelnytskyi regional territorial office of the Antimonopoly Committee of Ukraine has fined the privately-operated enterprise “Prometey consulting firm” in the name of the branch “Slavutskyi Butter Plant”, “Ryhalsky factory of the desiccated milk ” LLC, “Bimol” LLC, “Biscuit-Milk” LLC for 36.828 thousand UAH for anticompetitive concerted actions in the milk procurement market for industrial processing.
The Regional territorial office found that these enterprises, preparing milk in Slavutskyi district, simultaniously reduced the purchase price of milk to 2.50 UAH per 1 kg of base fat milk in May and June 2015.
There were no objective reasons for the simultaneous establishment of business entities of the procurement prices of raw milk at the same level, as the defendants have different specialization of activities and the range of dairy products, the technological conditions of production, the volume of procurement of raw milk, the power and the degree of wear and tear, the prime cost of production of dairy products, ways of its realization (promotion) to customers.
Thus, they could determine the conditions of goods turnover in the market of whole milk for industrial processing, which was purchased from the population on the territory of Slavutskyi district.
For inappropriate actions the companies will pay 36.828 thousand UAH of fine.
“Any changes in the markets of finished dairy products cannot justify the simultaneous establishment by business entities of the procurement prices of raw milk at the same level. Milk processing plants have not taken sufficient measures to minimize and optimize costs, and to use the mechanism of anti-competitive actions”, – said the head of the Khmelnytskyi regional territorial office of the Antimonopoly Committee of Ukraine, Vitaly Oluiko.
In Germany, Telegram faces a fine of 55 million euros because the company does not have a contact person who would be obliged to communicate with the state to distribute content that violates the law. Der Spiegel reported this. If the company refuses to cooperate with the German authorities, the application may be blocked in […]
Significant strengthening of the hryvnia against the dollar is due to four main factors. Vasyl Furman, Deputy Chairman of the Council of the National Bank of Ukraine, said this on the air of Ukraine 24 TV channel. “This is primarily an increase in prices in commodity markets, on the one hand, although, on the other […]
Ukraine is in the top 10 countries with the highest earnings on Bitcoin in 2020 – Ukrainian investors received about $ 400 million in profits on cryptocurrency. The Ministry of Finance with reference to the data of the analytical company Chainalysis reported this. The authors of the rating draw attention to the obvious dominance of […]
Authorities in the United States and the European Union have agreed to end a long-running trade dispute over the aerospace concerns Boeing and Airbus, which has resulted in mutual tariffs of more than $ 10 billion, said Catherine Ty, the US representative at the trade talks. “The US-EU agreement marks significant progress in reaching a […]
Microsoft will stop supporting Windows 10 on October 14, 2025. This was reported by the company’s press service. Thurrot writes that this means the date of the “death” of Windows 10. The publication adds that the new generation of operating system, which Microsoft will present next week, will not be called Windows 10, at least, […]
On the shores of the Black Sea, Radisson Hotel City Centre Odesa opens as Radisson Hotel Group’s 7th hotel in Ukraine in operation and under development. With an excellent location on the famous Derybasivska Street, Radisson Hotel City Centre Odesa unlocks the cosmopolitan city of Odesa, full of architectural styles, international cuisines and beautiful Black […]
It may take Nvidia twice as long to get approval for its deal to buy Britain’s largest technology company, Arm Holdings, which is owned by Japanese financial conglomerate SoftBank Group. After the companies announced a $ 40 billion deal last September, the first hurdle was a class action lawsuit from Google, Qualcomm and Microsoft, which […]
The American company Tesla demonstrated on Thursday in Fremont (California) its new electric car Model S Plaid. The presentation, led by Tesla Chairman Elon Musk, was broadcast on the company’s website. According to the businessman, critics have previously pointed out that the updated version of the Model S car will be “insanely fast”, and expressed […]
Elon Musk, an American businessman, founder and head of Tesla and SpaceX, dropped from second to third place in the ranking of the richest people on the planet according to Bloomberg. The entrepreneur’s fortune is estimated at 160.6 billion dollars, while at the end of February it was 183 billion. According to the agency, Musk […]Next
The Italian Antimonopoly Authority has announced that investigating allegations of fairness and improper commercial practices of Apple’s cloud services, Google and Dropbox. Along with the recent investigation into alleged fixing of prices, Italy’s antitrust regulator has said, that separately examines how companies, including Apple, manage their business in the cloud services in the country. According […]Next
SpaceX will launch a heavy Falcon 9 launch vehicle into orbit with another batch of 60 Starlink mini-satellites. Spaceflight Now reports on Sunday, March 7. The satellites will launch from the 40th launch complex of the Kennedy Space Center (Florida) on March 9 at 21:55 EST. The launch will be the 21st launch of a […]Next
The famous American billionaire George Soros decided to invest to the development of Ukrainian IT-sphere. On the 18th of November 2015, he spoke about buying the part of the Horizon Capital in IT company Ciklum, and a certain amount of assets of Majgaard Holdings Ltd, which is owned by the head of Ciklum Torben Maygaarda. […]Next
The agricultural enterprise “Danosha” (Kalushskyi district) intends to build a station for the biogas production in the village Tustan Galichskyi district, Ivano-Frankivsk region till 2017. It was said by the CEO Christian Jacobsen to the reporters. The plant capacity is 1 megawatt. It will use the raw materials of organic waste of animals and herbage. The installation […]Next
The American pharmaceutical company Pfizer may apply for permission to use its oral drug for the treatment of COVID-19, at the end of this year. This was announced on Thursday by the Chairman of the Board and Chief Executive Officer of Pfizer Albert Burla. “In addition, our scientists are developing an oral drug to treat […]Next
The State Labor Service conducted unscheduled inspections of gas stations, which resulted in thousands of violations. This was reported by the public organization Environmental Alliance Green City and published the response of the State Labor. “According to the information received, State Labor officials found 20,574 violations, for which documents were submitted to suspend work at […]Next
“Ukrsotsbank” obtained the criminal case against the “Creative”, – reported Finclab. In “Ukrsotsbank” commented that on January 14, 2016 by investigators of the National Police was opened a criminal case (№12016100000000014, Article 191 part 5) on the fact of abuse of office and embezzlement of “Ukrsotsbank” in large-scale by employees of agricultural holding “Creative”. According […]Next
The National Bank of Ukraine plans to sell PrivatBank. Its privatization, the NBU believes, may be of interest to the most prestigious international investors, as the Ukrainian banking sector has potential. The head of the NBU Kirill Shevchenko in an interview with GlobalCapital stated this. “Our banking sector has significant potential for international investors. We […]Next
In April, Ukraine’s international reserves increased by $ 965.30 million (by 3.6%) and as of May 1 amounted to $ 28 billion. This was reported on the website of the National Bank. “In April, they increased by 3.6%, taking into account foreign exchange earnings in favor of the government and the revaluation of financial instruments,” […]Next
The largest manufacturer of equipment for laboratory research Thermo Fisher, conclude a purchase deal to buy the Affymetrix company, which develops integrated solutions for genetic researches, for $ 1.3 billion cash. Following the announcement of the transaction, shares of the Affymetrix company sharply increased in price by 50%. Currently, Thermo Fisher estimates Affymetrix estimates at […]Next
Ukraine has repaid a $ 350 million loan to Deutsche Bank AG London ahead of schedule this week, Interfax-Ukraine reports citing a source. Including interest, the payment was about $ 354 million. Ukraine took this loan in December last year for up to six months at a rate of up to three-month LIBOR + 5.75%, […]Next
A few days ago was received a blow to the reputation of one of the five largest deposit banks in England – Barclays. The financial institution was fined by regulators for the amount of 72 million pounds for failing in managing, evaluation and controlling financial risks. According to the supervisory authorities, Barclays made significant mistakes […]Next
The Teva Ukraine company is the part of the Teva Corporation, the leading international pharmaceutical company specializing in the development, manufacture and marketing of generic and original medicines. The Antimonopoly Committee of Ukraine gave the permission for concerted action in the form of fulfillment of the conditions contained in Articles 9.6 and 9.12 of the […]Next
Wary of exceptional access of representatives of China to the latest European technologies, growing business activity and superiority in the competitive strengths of the Celestial Empire, EU representatives propose to establish total regulation, namely The European Commission believes that it should act as a regulator now and tightly control all transactions of the M & […]Next
Recently, according to informed sources, the major Korean automakers Hyundai Motor and Kia Motors announced the purchase of the financial corporation Hyundai Capital from General Electric. The transaction price is generally $ 599,5 million. (Hyundai will pay $ 81,800,000 for 3% of shares, and the company Kia Motors will acquire a 20% stake for $ […]Next