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LATVIAN COMPETITION AUTHORITY FINES LITHUANIAN COMPANY VAIZGA FOR UNNOTIFIED MERGER
29 10 2018

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...

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VILNIUS REGIONAL ADMINISTRATIVE COURT UPHOLDS ALMOST EUR 1 MILLION FINE IMPOSED ON KAUNO GRŪDAI
13 06 2018

Vilnius Regional Administrative Court has rejected the appeal by AB Kauno grūdai against the Competition Council’s decision of 9 June 2017, whereby the company was fined EUR 947,700 for acquiring about 51 per cent of Vievio paukštynas shares and gaining control over the company, and thus implementing an unnotified merger.

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 AMIC LIETUVA PAID A FINE FOR COMPETITION LAW INFRINGEMENT
20 06 2017

After the final ruling of the Supreme Administrative Court of Lithuania, UAB AMIC Lietuva (former UAB Lukoil Baltija) paid a fine of EUR 3,297,700 and EUR 536,339 of interest.

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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.

COMPETITION COUNCIL TERMINATED INVESTIGATION INTO ACTIONS OF COMPANIES ENGAGED IN CEMENT PRODUCTION AND TRADE
20 05 2016

Having evaluated the evidence on the suspected anti-competetive behavior of Lithuanian companies engaged in cement production and trade, the Competition Council (hereinafter – KT) terminated the investigation.

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COMPETITION COUNCIL: MERGER BETWEEN CLASSIFIED ADS WEBSITES RESTRICTED COMPETITION
06 05 2016

On 6 May 2016, the Competition Council (hereinafter – KT) prohibited a merger whereby in 2014  AS Eesti Meedia  acquired 100 per cent of  AllePAL OÜ  shares. KT found that the merger restricted competition in the Lithuanian markets of classified ads for real estate and vehicles.  

SUPREME COURT UPHELD COMPETITION COUNCIL‘S DECISION TO SANCTION LUKOIL BALTIJA FOR NON-NOTIFIED MERGERS
22 12 2015

The Supreme Administrative Court of Lithuania (the Court) upheld the Competition Council‘s (KT) decision as of April 18, 2013 to impose a fine of 341 057 EUR on JSC  Lukoil Baltija  for implementing non-notified mergers.

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