Enterprise “Artemsol” punished for trying to monopolize the market

Предприятие "Артемсоль" наказали за попытку монополизировать рынок

SE “Artemsol” (Donetsk oblast), being a monopolist, will have to pay multimillion-dollar fines.

The economic court of Kiev confirmed 13.4 million UAH. penalty for violation of the Antimonopoly legislation by the state enterprise “disused”, said the press service of the Antimonopoly Committee of Ukraine.

Recall, these decisions recognized that from January 2015 to March 2017 (inclusive) by SE “artyomsol” held a monopoly (dominant) position at markets carry salt for industrial processing and salt cookbook.

The actions of GP “Artemsol”, which was to apply for the 2015 – 2016 different prices on contracts of sale and dealer contracts that were actually equivalent, and also ungrounded failure to conclude contracts for the sale of salt with potential customers in the absence of any approved objective criteria on which such agreements are concluded, and dealer contracts with potential distributors,

In addition, as a violation of the legislation on economic competition protection, provided for by paragraphs 2, 7 of part two of article 13 of the law of Ukraine “On protection of economic competition”, abuse of monopoly (dominant) position on the markets carry salt for industrial processing and salt cookbook.

For these violations at the state enterprise “Artemsol” fined in the aggregate $ 13 million 373 thousand UAH 52.

“Artemsol” in 2018 increased salt production by 22.4%, to 2.1 million tons. The export share amounted to more than 45% of 952 thousand tons (+25% by 2017).

“Artemsol” – one of the largest enterprises in the production and sale of table salt (NaCl) on the territory of Central and Eastern Europe. The production capacity GP “Artemsol” is located in Soledar in Donetsk region. The company exports products to 19 countries. From existing stocks of salt mined 2%.