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Partners’ Events

Webinar "Violations of Antitrust Laws: How to Compensate Damages? Interchange Fee as an Example"

December 17, 2020
11:00AM - 1:00PM

The possibility to compensate damages caused by violations of antitrust laws can serve both as an effective tool to help the affected companies and as a serious deterrent for violators. There are many high-profile lawsuits in the EU and the US, where numerous affected companies receive substantial compensation. Realizing the severity of possible financial consequences, violators of antitrust laws often try to amicably settle the matters by admitting their guilt before the completion of the investigation. This way they are trying at least to avoid paying significant penalties.

However, it is a common misconception that it is not possible to recover such damages in Ukraine. In fact, Ukrainian legislation allows to seek compensation for damages caused by violations of antitrust laws and there are already several relevant cases in place.

On December 17, Oleksandr Aleksyeyenko (Partner at Marchenko Partners) and Sviatoslav Henyk (Senior Associate at Marchenko Partners) will discuss whether it is possible to flip a situation from the one in which you significantly overpay a monopolist or a cartel, to the opposite, in which violators will be forced to compensate double damages. Potentially excessive interchange fee rates in Ukraine will be used as an example for the discussion.

Registration is available by the following link: https://forms.gle/GcvHXevdVSFvshBv9

Participation is free and conditional upon prior registration and confirmation by the organisers. Webinar’s participants with confirmed registrations will receive a link before the beginning of the event. The webinar will be held in Ukrainian/Russian. Simultaneous translation will not be provided.

Representatives of law firms and consulting companies, as well as private practice lawyers, will not be registered for the event.

In case you have any additional questions, feel free to contact Nataliya Chebysheva via email: nc@marchenkopartners.com or by phone (066) 381 2857.

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