Having received a complaint that the prices indicated on the website of UAB Pigu may be misleading, the Competition Council (Konkurencijos taryba, KT) launched an investigation on the alleged misleading advertising. more »

On 4-5 June, representatives of the Competition Council participated in the Annual Regional Competition Conference – the 10th conference wherein the representatives from three Baltic States, Finland and Poland met in Tartu. During the conference the heads of the competition authorities together with the academics from the University of Tartu discussed matters on the topic “Baltic States in the current world economy“. In the discussions of working groups the participants exchanged their experiences related to the examination of competition cases and mergers, talked about the investigation related procedures. more »

For the fourth year in a row the Competition Council (Konkurencijos taryba, KT) was included in the 13^th edition of Rating Enforcement, Global Competition Review’s (GCR) annual survey of the world’s leading competition authorities. In line with the previous year the KT was awarded two out of five possible stars. According to the GCR, regardless the fact that the KT’s budget and the number of staff is one of the smallest in the world, the rating of the KT’s activity remains stable and a growth in the authority’s efficiency is observed, advocacy is on the rise as well. more »

On 21 May 2013, the chairman of the Competition Council (Konkurencijos taryba, KT) met with the President of the Republic of Lithuania Dalia Grybauskaitė to discuss the Annual report of 2012 and current issues of the KT’s activity, including the role of the institution when strengthening the competition in the energy sector. more »

On 22 May 2013, the Competition Council (Konkurencijos taryba, KT) cleared a merger wherein UAB Laisvas ir nepriklausomas kanalas (LNK) acquired 100 per cent of UAB Baltijos TV (BTV) shares. more »

On 22 May 2013, the Competition Council (Konkurencijos taryba, KT) allowed KKR & CO.L.P. to acquire up to 94.39 per cent of Alliance Tire Group B.V. voting rights indirectly via KKR AT Dutch B.V. and KKR AT Auxiliary Dutch B.V. more »

On 21 May 2013, the Competition Council (Konkurencijos taryba, KT) imposed a fine of LTL 24,800 (EUR ~ 7,183) on UAB KOMEKSIMAS for misleading advertising and ordered the undertaking to terminate the dissemination of the advertisement concerned. more »