Asters successfully defended interests of Bayer Ukraine, a leading international healthcare and agriculture company, before the Antimonopoly Committee of Ukraine (AMC).
On 26 July 2019, the AMC closed proceedings in the case on the alleged violation of the competition law by Bayer LLC, as the company complied with the AMC's recommendations concerning revision of certain provisions of distribution agreements.
'This is the first of a series of the AMC's investigations against pharma businesses that did not end in finding a violation and a fine. We are delighted with this outcome. We are also grateful to the AMC for detailed examination of differences between the distribution model of Bayer Ukraine and the ones used by other big pharma businesses, as well as for concluding that no significant harm to the competition was caused and that certain amendments to the agreements would alleviate any concerns,' Asters partner Igor Svechkar has commented on the positive outcome of the case.
Bayer Ukraine is a member of the Bayer AG global group (Bayer AG) with headquarters in Leverkusen, Germany.
Bayer has been present in Ukraine since 1992. More than 700 professionals are working to supply innovative products and related knowledge to Ukrainian consumers. Bayer Ukraine has been active in the fields of pharmaceuticals, consumer health, crop science, and animal health.
Asters is the largest law firm in Ukraine with offices in Kyiv, Washington D.C., Brussels and London. Chambers Europe 2019 recognizes 20 lawyers of Asters – the largest number of the renowned practitioners in a single Ukrainian law firm.