Post Europe: Anticompetitive practices in Ukraine
Insurance companies in Ukraine generate 40% of their profits through bank products, leaving many at the mercy of the banks restrictive accreditation procedures. Oleksander Dyakulych and Mykhailo Pergamenshchyk report on how an investigation by the Antimonopoly Committee of Ukraine is likely to affect the market.
As life and property insurance in Ukraine is not widely exercised, insurance companies generate 30% to 40% of their profit by maintaining bank products. Therefore, intense competition has been seen in
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