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MANAGER DISQUALIFIED AFTER THE COMPANY HAS BEEN HELD LIABLE FOR ANTITRUST VIOLATION
04 07 2019

Vilnius Regional Administrative Court (Court) satisfied the request of Konkurencijos taryba to impose personal liability on the former manager of Žagarės inžinerija for his direct involvement in the anti-competitive agreement between his firm and its competitor. The Court decided to restrict the right of the company’s manager to occupy...

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KONKURENCIJOS TARYBA APPROVES WHISTLEBLOWER REMUNERATION PROCEDURE
28 06 2019

From July 1 persons who provide evidence enabling Konkurencijos taryba to detect anti-competitive agreements will be entitled to a financial reward. It is hoped that this will encourage the society to take a more active role in reporting to the Lithuanian competition authority cartels or other anti-competitive agreements entered into by the...

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COMPETITORS RECEIVE FINES FOR SHARING TENDER ALLOCATION
27 06 2019

Konkurencijos taryba found that companies Pasvalio melioracija , Jadrana , Panevėžio melioracija and Biržų ranga concluded a bid-rigging cartel: cartelists colluded their actions and bids, including bid price, and agreed in advance on the winner of the tender. Konkurencijos taryba fined these companies a total of EUR 977,900.

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KONKURENCIJOS TARYBA CLEARS ACQUISITION OF CLASSIFIED ADS WEBSITES‘ OWNER
26 06 2019

Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of the Estonian company Baltic Classifieds Group indirectly through Antler Bidco and Antler HoldCo , the latter registered in Luxembourg, by the London-based firm Apax Partners .

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KONKURENCIJOS TARYBA WILL TRANSFER ITS FUNCTIONS RELATING TO MISLEADING AND COMPARATIVE ADVERTISING
29 04 2019

From May 1, after the amendments to the Law on Advertising have entered into force, the Lithuanian competition authority Konkurencijos taryba will transfer its functions relating to the supervision of misleading and comparative advertising to the State Consumer Rights Protection Authority (SCRPA).

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KONKURENCIJOS TARYBA SUCCESSFULLY COMPLETED INTERNATIONAL DEVELOPMENT PROJECT IN UKRAINE
01 04 2019

The Lithuanian competition authority Konkurencijos taryba and the German Federal Ministry for Economic Affairs and Energy successfully completed the European Union Twinning Project in Ukraine.

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SEIMAS ADOPTED AMENDMENTS TO LITHUANIAN COMPETITION LAW
14 03 2019

Today Seimas adopted amendments to the Law on Competition of the Republic of Lithuania. One of the major changes concern the right of the Lithuanian competition authority to remunerate whistleblowers that provide information about anti-competitive agreements.

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LITHUANIAN COMPETITION AUTHORITY WILL APPEAL AGAINST COURT JUDGEMENT ON CARTEL AGREEMENT BETWEEN NOTARIES
25 02 2019

The Lithuanian competition authority Konkurencijos taryba evaluated the judgement of Vilnius Regional Administrative Court repealling the watchdog‘s decision on a cartel agreement between the Lithuanian Chamber of Notaries and members of its Presidium, and decided to bring an appeal before the Supreme Administrative Court.

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SUPREME ADMINISTRATIVE COURT OF LITHUANIA REJECTED COMPLAINT BY CARTEL PARTICIPANT
21 02 2019

The Supreme Administrative Court of Lithuania upheld the decision of the Lithuanian competition authority Konkurencijos taryba imposing fines for bid-rigging in the public procurement on the companies Elmis , Ledevila and Vortex Capital .

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ESTONIAN UNDERTAKING CAN ACQUIRE TWO ORGANIC PRODUCT COMPANIES IN LITHUANIA
18 02 2019

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent of UAB   Bio Sala shares (also indirect acquisition of 100 per cent of UAB Sveiki produktai shares ) and sole control by the Estonian company  BaltCap indirectly through BaltCap Growth Fund EuVECA .

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NORWEGIAN COMPANY WILL ACQUIRE CONTROL OF COFFEHOUSE CHAIN
11 02 2019

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of UAB Keturi kambariai which manages the coffehouse chain Caffeine by the Norwegian company Reitan Convenience .

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NON-COMPLIANCE WITH COURT DECISION RESULTED IN FINE FOR COMPANY‘S MANAGER
31 01 2019

The District Court of Vilnius imposed a fine of almost EUR 500 on V. M. for failure to leave the managerial position in a company that was involved in a cartel agreement.

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