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26 02 2018

The security company G4S Lietuva (G4S) has failed in trying to reopen the proceedings against the Competition Council’s decision imposing the fine on the company for anti-competitive agreements in the market of cash-handling services.

On 26 February 2018 the Supreme Administrative Court of Lithuania rejected the G4S motion to reopen the case. According to the Court, G4S failed to provide evidence manifestly showing that the previous court rulings in this case went against the established court practice or contained major breaches of substantive law.  

On 4 September 2017 the Court upheld the Competition Council‘s decision finding G4S in breach of Article 101 TFEU and its national equivalent Article 5 of the Law on Competition for concluding anti-competitive agreements with three banks and restricting competition in the market of cash-handling services. The Court also upheld the EUR 2.7 million fine imposed on G4S.

Since G4S chose not to pay the fine right after the Council’s decision, the final G4S payment to the budget included both the fine and the accrued interest, amounting to EUR 3,179,101 in total.

Last updated: 27 06 2019