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COMPETITION COUNCIL: RIMI FAILED TO IMPLEMENT MERGER REMEDIES
18 04 2018

The Competition Council reported that UAB Rimi Lietuva (RIMI) failed to implement merger remedies  which the authority approved as a condition when clearing the acquisition by RIMI of 100 per cent shareholding and sole control of UAB Palink ( PALINK ).

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INSURANCE COMPANY IMPLEMENTED MERGER REMEDIES PROPERLY
13 04 2018

The Competition Council concluded that Vienna Insurance Group (VIG) properly implemented the remedies concerned with the divestiture of business related to international carriers‘ compulsory motor vehicle third party liability (MTPL) insurance in Lithuania.

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CLASSIFIED ADS MERGER CASE REFERRED BACK TO VILNIUS REGIONAL ADMINISTRATIVE COURT FOR REEVALUATION
15 03 2018

The Supreme Administrative Court of Lithuania (Court) satisfied the appeal of the Competition Council and annulled the ruling of Vilnius Regional Administrative Court, according to which the Council was obliged to conduct an additional investigation regarding the merger of the Estonian managers of classified ads.

REVISED MERGER NOTIFICATION AND EXAMINATION PROCEDURE
11 01 2018

Having considered the amendments to the Law on Competition (Law), the Council revised merger notification and examination procedure, which takes into force from January 1, 2018.

UAB NORDIC MINDS WILL ACQUIRE CONTROL OF UAB BALTIJOS POLISTIRENAS
20 12 2017

The Competition Council cleared the acquisition of 40 per cent of Baltijos polistirenas shares (together with the currently owned shares – 80 per cent) and sole control by Nordic Minds .

COMPETITION COUNCIL CLEARED ACQUISITION OF LP GRUPĖ BY ACHEMOS GRUPĖ
12 12 2017

The Competition Council cleared the acquisition of 100 per cent of UAB LP grupė shares by UAB koncernas Achemos grupė .

ILS HOLDING RECEIVED MERGER CLEARANCE
22 11 2017

The Competition Council cleared the acquisition of 100 per cent of UAB Ilsanta shares by UAB ILS holding .

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COUNCIL CLEARED ACQUISITION OF UAB ADNET MEDIA BY ESTONIAN-BASED COMPANY OF AS EKSPRESS GRUPP
13 11 2017

The Competition Council cleared the acquisition of 51 per cent (together with the currently owned shares – 100 per cent) of UAB Adnet media shares and sole control by the Estonian-based company AS Ekspress Grupp .

TWO FINNISH-BASED CONSTRUCTION COMPANIES RECEIVED MERGER CLEARANCE
24 10 2017

The Competition Council cleared the merger of the Finnish-based companies active within the construction industry Lemminkäinen Oyj and YIT Oyj .

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COMPETITION COUNCIL CLEARED ACQUISITION OF 100 PER CENT OF UAB G9 HOLDING SHARES BY UAB LORDS LB ASSET MANAGEMENT
24 10 2017

The Competition Council cleared the acquisition of 100 per cent of UAB G9 Holding shares and sole control by the company Lords LB Asset Management .

TICKET DISTRIBUTORS FAILED TO SUSPEND MERGER CONTROL PROCEDURE
19 10 2017

The Supreme Administrative Court of Lithuania (Court) concluded that the company Baltic Ticket Holdings which acquired UAB Nacionalinis bilietų platintojas shall submit a merger filing to the Competition Council which started merger control proceedings on its own initiative.

COMPETITION COUNCIL CLEARED ACQUISITION OF 100 PER CENT OF PALINK SHARES BY RIMI LIETUVA SUBJECT TO CONDITIONS
18 10 2017

On October 18 the Competition Council cleared the acquisition of 100 per cent of UAB Palink ( PALINK ) shares and control by UAB Rimi Lietuva ( RIMI ) on condition that RIMI will sell part of its business related to retail trade.

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