The Higher Economic Court has rejected an appeal of Russia's gas monopoly Gazprom against the decision of the Antimonopoly Committee that envisions fining the Russian company UAH 172 billion for monopoly abuse in the natural gas transit market of Ukraine. Respective decision was announced by judge Valentyn Palii, Ukrainian News agency correspondent reported from the scene. The state enforcement service has opened proceedings on forcible collection of fine of UAH 172 billion (USD 6.5 billion) imposed by the Antimonopoly Committee of Ukraine on Gazprom for monopoly abuse in the market of natural gas transit through Ukraine and on arrest of Gazprom's property in Ukraine. Mykhailo Novytskyi, who represents the interests of the Antimonopoly Committee at court, announced this to the press. "Of course, there will be no property there for this big sum. For this reason the leaders of the Committee are considering alternative options to collect the assets," he said. He did not specify the cost of arrested assets of Gazprom. As Ukrainian News Agency earlier reported, on January 22, 2016, the Antimonopoly Committee fined Gazprom UAH 85.966 billion for monopoly abuse in the natural gas transit market of Ukraine.