ACQUISITION OF „ENIRO LIETUVA“ SHARES AUTHORISED

The Competition Council in its meeting examined the notification of the Estonian-based company „Interinfo Baltic Oü“ on intended concentration by acquiring 100% of shares of UAB „Eniro Lietuva“. The competition authority passed the decision to permit the implement concentration in accordance with the submitted notification.

Having assessed the situation in the market affected by the intended concentration the Competition Council concluded that the intended concentration is of horizontal nature in the relevant Lithuanian market for information catalogues. The authority concluded that the intended concentration will cause some changes in the degree of concentration, which, however, will not result in the creation or strengthening of the dominant position, and, having regard to the trends of the information catalogues market development, quite unobstructed entry into the market and the growing supply of new information products, the intended concentration could not be expected to lessen competition in the market to any more tangible extent.