This article focuses on how cartel disputes are being innovatively resolved in Ukraine by making agreement for settlement. Such procedure is extremely essential for economic competition fostering, taking into account how widespread and important it is from practical perspective. Another issue to mention in this regard is that cartel settlement is still the issue that is far from being properly regulated by Ukrainian legislation.
 The legal norms and the applicable mechanisms concerning effective dealing with anticompetitive plots among businesses for purposes of the draft law "On Amendments to Some Laws of Ukraine on Ensuring the Principles of Procedural Justice and Improving the Effectiveness of Proceedings in Violation of the Law on Protection of Economic Competition" are analyzed.
 According to the provisions of the mentioned draft law, the settlement procedure may be initiated on the basis of the application of the defendant, which he must submit before the Antimonopoly Committee makes its preliminary conclusions on the case. The settlement procedure shall be initiated by the Committee only if it has taken a decision that applying such procedure is appropriate and sending the defendant its applicable consent to consider the defendant’s statement.
 At the settlement stage, the Committee and the defendant are negotiating the consequences which will follow making the settlement. Such settlement agreement may be signed if essential conditions specified in the draft law are to be fulfilled (in particular, the legal qualification of the violation, the defendant’s recognition of the violation, the circumstances of the violation, the amount of the fine). The fine for such a defendant is subject to a 20% reduction in the amount of the fine calculated in accordance with the Committee’s approach to fines.
 After signing the draft settlement agreement by the defendant and receiving such agreement by the Committee, the latter sends it to the Commercial Court within three working days. In case this agreement envisages all the essential conditions stipulated by the draft law, the commercial court must approve it by issuing the relevant decision or refuse its approval if the terms of the agreement contradict the requirements of the draft law, interests of the state or society, violate the rights and interests of the parties, as well as if there is a clear inability to fulfil obligations by the defendant.
 After approval of the agreement by the court, the Committee decides on the case in accordance with the terms of the settlement agreement, which cannot be questioned by the defendant in front of the court.
 However, in order to implement the provisions of the agreement on the settlement of cartel disputes, it is necessary to initiate appropriate changes to the Commercial Code, which should provide for the procedure for the court approval of the settlement agreement.