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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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DISPUTE OVER COMPETITION LAW INFRINGEMENT ON BIOFUEL MARKET RETURNED TO SUPREME ADMINISTRATIVE COURT OF LITHUANIA
27 12 2018

The Supreme Administrative Court of Lithuania agreed to renew court proceedings concerning an anti-competitive agreement on the biofuel market as requested by the Lithuanian competition authority Konkurencijos taryba.

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LATVIAN COMPANY RECEIVES MERGER CLEARANCE
20 12 2018

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent of UAB Pardavimo automatai shares and sole control by the Latvian company Baltic Coffee Holding .

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DRIVING SCHOOLS AGREED TO FIX PRICES OF DRIVING LESSONS
20 12 2018

The Lithuanian competition authority Konkurencijos taryba found that 26 driving schools and the Lithuanian association of driving schools (Association) were involved in a cartel that set prices of driving lessons in three cities of Lithuania. The aforementioned anti-competitive agreement resulted in fines for companies ranging from EUR 1,500 to...

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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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IN COURT PIGU DID NOT AVOID LIABILITY FOR MISLEADING ADVERTISING
01 10 2018

Vilnius Regional Administrative Court (Court) upheld the decision of the Lithuanian competition authority Konkurencijos taryba whereby it imposed a fine on the company Pigu for misleading advertising.

DANISH COMPANY RECEIVES MERGER CLEARANCE
24 09 2018

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 50 per cent of UAB Farmers Circle Danish shares and joint control by the Danish investment company ASGAARD together with the Danish company IDAVANG .

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