September 4 marked the start of a two-day Eastern European Competition Workshop in Vilnius. The event, which was organised by the U.S. Federal Trade Commission in partnership with the Lithuanian competition authority Konkurencijos taryba, gathered almost 50 competition experts from Lithuania, Croatia, Czech Republic, Estonia, Georgia,...
The Competition Council found that the Lithuanian Chamber of Notaries and members of its Presidium concluded an anti-competitive agreement by setting the amount of notary fees and agreeing upon their calculation procedure. The Council imposed EUR 88,400 fine on the Lithuanian Chamber of Notaries, and fines ranging from EUR 100 to EUR 20,800 on eight members of the Presidium for the infringements of the Law on Competition and the Treaty of the Functioning of the European Union.
The Lithuanian Competition Council‘s advocacy efforts received international recognition in the Antitrust Writing Awards . The Guidelines on Anti-Competitive Agreements and Bid Rigging in Public Procurement prepared by the Council‘s experts have been voted as one of the five Most Innovative 2017 Soft Laws in the world.
The security company G4S Lietuva (G4S) has failed in trying to reopen the proceedings against the Competition Council’s decision imposing the fine on the company for anti-competitive agreements in the market of cash-handling services.
Vilnius County Court acknowledged D. J. guilty of an attempt to bribe an employee of the Lithuanian Competition Council and sentenced him to a suspended sentence of two years in prison, as well as imposed a fine of EUR 7,532.
The Competition Council found that joint bids submitted by two Lithuanian construction firms UAB Irdaiva and AB Panevėžio statybos trestas (PST) restricted competition “by object”, in breach of Article 5 of the Law on Competition (national equivalent of Article 101 TFEU), as both firms could have bid separately. The fines imposed on firms...
This September the Council‘s experts embarked on a mission to teach Vilnius pupils more about fair competition and its benefits brought to business and consumers, which appeared to be something that is self-evident to them.
The Competition Council found the Italian-based supplier Tecnoss Dental and its Lithuanian distributor UAB Implamedica engaged in fixing minimum resale prices of bone regeneration products used in implant dentistry. The infringement resulted in both companies receiving a total of EUR 175,500 of fines.
The Supreme Administrative Court of Lithuania (hereinafter – Court) upheld the Competition Council‘s decision, according to which the security company G4S Lietuva (G4S) infringed the Law on Competition by concluding anti-competitive agreements in the market of cash-handling services and received EUR 2.7 million fine.
During the school year the Council‘s experts will be visiting a number of schools in Vilnius to teach senior pupils the principles of effective competition, its benefits for consumers, as well as help them recognise anti-competitive agreements and misleading advertising, as part of the competition advocacy project “Competition Council goes to school“.
The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision, according to which in 2011–2012 construction companies concluded bid rigging agreements.
On 1–3 August representatives from the Egyptian Public Prosecution Office learned about the Competition Council’s experience while ensuring effective competition for the benefit of consumers.