KYIV, May 16 – The panel of judges of the cassation business court, which is part of the Supreme Court of Ukraine, has dismissed an appeal on a point of law of the Antimonopoly Committee of Ukraine in the case seeking to collect a fine of UAH 1.3 billion from Ukrtatnafta, Galychyna oil refining complex and four more companies for collusion at crude oil and gas condensate auctions in March-July 2015.

According to data in the unified register of court rulings, in particular, according to a court ruling dated May 8, the panel concluded that during the investigation the committee did not study factors affecting the behavior of bidders, such as the price of oil and petroleum products as of the date of the auction, the price of oil and petroleum products on the global market, its fluctuations and fluctuations of the national currency.