CONCENTRATION AUTHORISATIONS GRANTED
Press release 25/05/2006
The meting of the Competition Council examined the notifications on the intended concentration filed by three undertakings and passed the appropriate decisions.
1. Having examined the notification filed on 22 March 2006 by UAB Grūdainė on the intended concentration by acquiring up to 35 % of AB Malsena, the competition authority decided to authorise the concentration in accordance with the notification submitted. The Competition Council concluded that the intended concentration will not result in a changing of concentration’s level or strengthening of the dominant position, any weakening of competition in the market.
2. The Competition Council decided to authorise UAB Rivona to implement concentration by acquiring a 50% shareholding of UAB Norfos vaistinė and by acquiring, together with UAB Esterita a joint control in accordance with the filed notification, since the intended concentration will not result in any strengthening or creation of a dominant position or any more significant restrictions of competition in the relevant markets.
3. The Competition Council resolved to permit Shibsted Baltics AS to implement concentration by acquiring a 50.98% shareholding of UAB Ekstra žinios in accordance with the submitted notification. This concentration was assessed by the Competition Council as horizontal causing an insignificant change in the level of concentration in the printed media market, which, however, will not result in a creation or strengthening of the dominant position, or a significant lessening of concentration in the relevant markets.
The Competition Council Press Officer