Today Seimas adopted amendments to the Law on Competition of the Republic of Lithuania. One of the major changes concern the right of the Lithuanian competition authority to remunerate whistleblowers that provide information about anti-competitive agreements.
The Lithuanian competition authority Konkurencijos taryba evaluated the judgement of Vilnius Regional Administrative Court repealling the watchdog‘s decision on a cartel agreement between the Lithuanian Chamber of Notaries and members of its Presidium, and decided to bring an appeal before the Supreme Administrative Court.
The Supreme Administrative Court of Lithuania upheld the decision of the Lithuanian competition authority Konkurencijos taryba imposing fines for bid-rigging in the public procurement on the companies Elmis , Ledevila and Vortex Capital .
The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent of UAB Bio Sala shares (also indirect acquisition of 100 per cent of UAB Sveiki produktai shares ) and sole control by the Estonian company BaltCap indirectly through BaltCap Growth Fund EuVECA .
The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of UAB Keturi kambariai which manages the coffehouse chain Caffeine by the Norwegian company Reitan Convenience .
The District Court of Vilnius imposed a fine of almost EUR 500 on V. M. for failure to leave the managerial position in a company that was involved in a cartel agreement.
The Supreme Administrative Court of Lithuania agreed to renew court proceedings concerning an anti-competitive agreement on the biofuel market as requested by the Lithuanian competition authority Konkurencijos taryba.
The Lithuanian competition authority Konkurencijos taryba found that 26 driving schools and the Lithuanian association of driving schools (Association) were involved in a cartel that set prices of driving lessons in three cities of Lithuania. The aforementioned anti-competitive agreement resulted in fines for companies ranging from EUR 1,500 to...
The Competition Council of Latvia announced that on April, 2018 it cleared the proposed acquisition of Latvian company Petrol Property by the Lithuanian company Vaizga . As Vaizga failed to submit merger notification before closing the transaction, the Competition Council of Latvia initiated a formal case investigation. The competition...
Vilnius Regional Administrative Court (Court) upheld the decision of the Lithuanian competition authority Konkurencijos taryba whereby it imposed a fine on the company Pigu for misleading advertising.
The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 50 per cent of UAB Farmers Circle Danish shares and joint control by the Danish investment company ASGAARD together with the Danish company IDAVANG .