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FIRST COMMON EASTERN EUROPEAN COMPETITION WORKSHOP BY U.S. FTC AND LITHUANIAN COMPETITION AUTHORITY GATHERS FOREIGN COMPETITION EXPERTS
04 09 2018

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,...

EESTI MEEDIA PROPERLY IMPLEMENTED SET OBLIGATIONS
20 08 2018

The Lithuanian competition authority Konkurencijos taryba acknowledged that the Estonian company Eesti Meedia , which did not receive the clearance of the acquisition of 100 per cent of AllePAL shares and which was obliged to take actions re-establishing the state prior to the merger or eliminating the identified competition concerns, properly implemented obligations set by Konkurencijos taryba.

COMPETITION COUNCIL CLOSES INVESTIGATION INTO SWEDBANK  ACTIONS
13 06 2018

The Lithuanian Competition Council closed the investigation into the compliance of Swedbank actions with the requirements of the Law on Competition upon Swedbank submitting written commitments suitable for the elimination of the alleged competition law breach and creating preconditions to avoid it in the future.

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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.

COMPETITION COUNCIL CLEARED MERGER RELATED TO SALE-PURCHASE OF UAB CGATES GROUP SHARES
24 08 2017

On August 23 the Competition Council cleared the merger whereby the Latvian company AS EuVECA Livonia Partners and the Estonian company AS LHV Varahaldus indirectly through Silver Screen Holdings UAB acquired 34,8 per cent of UAB Cgates Group shares and joint control together with the Estonian companies OÜ Polaris Invest and OÜ Com Holding .

UAB KONCERNAS ACHEMOS GRUPĖ FINED FOR UNNOTIFIED MERGER
02 08 2017

The Competition Council found that UAB koncernas Achemos grupė implemented an unnotified merger by acquiring sole control of UAB Jūros vartai and AB KLAIPĖDOS LAIVŲ REMONTAS . For the infringement of the Law on Competition, the Council fined Achemos grupė EUR 54,700.

UAB SPORTLAND LT RECEIVED MERGER CLEARANCE
25 07 2017

On July 25 the Competition Council cleared the acquisition of commercial real estate located at Gedimino pr. 20, Vilnius by UAB SPORTLAND LT

ELONAS ŠATAS WAS APPOINTED AS COUNCIL MEMBER FOR SECOND-SIX YEAR TERM
18 07 2017

On July 18 the President of the Republic of Lithuania Dalia Grybauskaitė appointed Elonas Šatas as Council Member of the Competition Council for the second six-year term starting on 24 August 2017.

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COMPETITION COUNCIL FINED AB KAUNO GRŪDAI FOR UNNOTIFIED MERGER
13 06 2017

The Competition Council found that having acquired about 51 per cent of Vievio paukštynas shares and gained control over the company, Kauno grūdai implemented unnotified merger. For the infringement of the Law on Competition, the Council fined Kauno grūdai EUR 947,700.

UAB KONCERNAS ACHEMOS GRUPĖ SUSPECTED OF HAVING IMPLEMENTED UNNOTIFIED MERGER
24 04 2017

The Council completed an investigation into suspected unnotified merger by koncernas Achemos grupė . According to the Council‘s preliminary findings, in 2013 koncernas Achemos grupė acquired sole control of UAB Jūros vartai and AB Klaipėdos laivų remontas and by doing so implemented unnotified merger.

FINAL DECISION OF SUPREME ADMINISTRATIVE COURT IN LUKOIL BALTIJA CASE
20 04 2017

The Supreme Administrative Court of Lithuania (hereinafter – Court) upheld the Lithuanian Competition Council’s decision of December 12, 2014 whereby UAB AMIC Lietuva (former UAB Lukoil Baltija ) received a fine of EUR 3 297 700.

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LAST YEAR‘S ACHIEVEMENTS WERE PRESENTED TO THE GOVERNMENT
12 08 2016

Šarūnas Keserauskas, Chairman of the Competition Council (hereinafter – the Council), presented the authority‘s achievements of 2015 to the members of the Cabinet.

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