Yury Terentiev heads the Anti-Monopoly Committee of Ukraine


11289663_1596926787263409_1287062077_n25 May. — Prime Minister Arseny Yatsenyuk introduced Yury Terentiev as a new chairman of the Anti-Monopoly Committee of Ukraine (AMCU). His appointment had been agreed by Petro Poroshenko Bloc and People’s Front, the two parties of the ruling coalition.
Prior to this post, Terentiev had never worked in civil service. He had spent past years in Ukrainian offices of transnational companies. In the late 1990s, Terentiev was a lawyer at Bristol-Myers Squibb Ukraine. In 2000-2002, he was legal counselor for JTI Ukraine. After that, he had been working for Metro Cash&Carry Ukraine for ten years. Since April 2012 and until recently, he headed legal department of ArcelorMittal Kryvyi Rih.
One explanation of his appointment is that he has contacts with Rinat Akhmetov’s group of companies that has gathered pace and strength in past months (Liga.net). Commenting on his ties to big businesses, Terentiev underlined that his previous employment would not mean he would lobby for any specific company.
According the Declaration of Assets for the year 2014, the new chairman of the Anti-Monopoly Committee earned about 2m hryvnas. He also disclosed his bank account of 4m hryvnas and a property valued at 2.5m hryvnas.
Prime Minister Arseny Yatsenyuk, while introducing a new chairman to his staff, outlined a number of key tasks:
— To demonopolise energy and gas and oil sectors;
— To apply anti-monopoly legislation to pharmaceutical industry to improve quality and reduce price of medication;
— To bring Russian gas giant Gazprom to court for abuse on the Ukrainian market.
Yatsenyuk also promised the government would introduced a new legislation on economic competition and expected suggestions on its transparency and efficiency from the AMCU. Terentiev also outlined his priorities:
— To improve competition;
— To improve competition law and bring it closer to EU standards;
— To secure transparent and accountable work of the AMCU;
— To lead public anger against cartels.
Terentiev took over the committee from Nikolay Barash who had been acting chairman for about a year. The previous head Vasyl Tsushko was sacked by the Ukrainian parliament in March 2014. The question of a new appointment had not been discussed until January 2015. Ukrainian MP Andrey Ivanchuk from People’s Front was mentioned among the candidates to lead the committee but his name caused a rift between the Presidential Administration and the government. On 3 February, Yatsenyuk called on President Petro Poroshenko and the ruling coalition to appoint a chairman of the AMCU because the vacant post marred reforms in Ukraine. Negotiations between the Presidential Administration and the government continued until April. On 1 April, Svoboda party MP Mikhail Golovko accused Yatsenyuk of undermining the appointment.
Parliament accepted the appointment on 19 May. The resolution was supported by 266 MPs. There were no votes against Terentiev while 27 people abstained. The voting saw neither discussion on the floor nor introductory remarks from the candidate.

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