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 UAB Norvesta and the German company Sypra concluded a cartel agreement while participating in the radioactive scrap metal auction conducted by Ignalina nuclear power plant, and thus were fined EUR 27,500 and EUR 27,100 respectively.
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...
On December 5 the Lithuanian Competition Council joined the rest of the world to celebrate the World Competition Day and reminded the society that #CompetingIsHealthy, #CompetingIsWorthwhile, #CompetingIsBeneficial .
The firm Kauno būstai misled consumers by advertising guest houses as apartments. For the infringement of the Law on Advertising Kauno būstai received EUR 6,300 fine .
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 Competition Council found a number of occasion wear shops operating in Vilnius guilty of a cartel that set a fixed dress try-on fee for customers. Firms received fines ranging from EUR 1 to EUR 1,960, with seven out of 12 cartel members admitting the infringement.
On October 18 the Competition Council cleared the acquisition of 100 per cent of UAB Palink ( PALINK ) shares ant control by UAB Rimi Lietuva ( RIMI ) on condition that RIMI will sell part of its business related to retail trade.
The Competition Council found that UAB Judira disseminated misleading advertising claims about the mat, head massage system and orthopedic pillow. For the infringement of the Law on Advertising the Council fined Judira EUR 1,230.
On September 9–10 competition law experts and representatives of the European Commission, Lithuanian public and private sector gathered in the 14th Baltic Competition Conference in Vilnius to discuss how competition authorities can become better enforcers, strengthen institutional credibility and contribute to the well-being of the country and the citizens.
On October 2 the Competition Council found that UAB Karolinos turas and UAB NT partneriai misled consumers by advertising hotel premises as residential real estate. For the infringement of the Law on Advertising, the Council fined each of the companies EUR 8,688.
The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision on two bid rigging agreements.