Shell disagrees with the court opinion refusing to invalidate the decision of the antimonopoly committee of Ukraine in its investigation on Shell
бер. 28, 2017
On 21st March 2017 the first instance court announced its decision regarding the legal claim of Alliance Holding”, LLC against the Antimonopoly Committee of Ukraine (the “AMCU”). Alliance Holding”, LLC, which is Shell entity operating its retail fuel network in Ukraine, is seeking to invalidate the AMCU decision announced on 29th October 2016 that has penalized the company at almost UAH 40 mln of fine for alleged anticompetitive concerted actions on parallel pricing in fuel retail market.
Shell acknowledges that the court in its decision upheld the fine imposed on the company, although completely disagrees with this decision. Shell position is standing firm: no infringement of Ukrainian competition law has been committed by the company; fuel price changes were each time driven by purely economically based approach, in view of the existing fuel supply offer and other market factors.
Shell will review the court decision in detail and determine the avenues how to further defend itself.
Shell in Ukraine Press office
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Shell in Ukraine
Shell is one of the world's leaders in energy and petrochemical industry. Today Shell operates in more than 80 countries with over half a million people representing the Shell brand on approximately 43,000 retail sites. Since 2007 "Alliance Holding", LLC is responsible for operation of the filling stations network under Shell brand in Ukraine offering customers high quality petrol products & LPG. Today, Shell filling stations network consists of 135 stations in 18 regions of Ukraine. Shell in Ukraine employs around 1900 people.