Experts from Lithuania, Belgium and other countries finished implementing the EU technical assistance project which aimed to strengthen competition enforcement in Georgia. On 10 January up to 100 guests representing state authorities, business sector, academy and civil society attended the project closing ceremony in Tbilisi and summarized the...
Today Medeina Augustinavičienė has started her six-year tenure as a Council Member in Konkurencijos taryba. M. Augustinavičienė was appointed by Gitanas Nausėda, President of the Republic of Lithuania, upon the proposal of the Prime Minister Saulius Skvernelis.
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.
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...
The Competition Council found that the Lithuanian Chamber of Notaries and members of its Presidium concluded an anti-competitive agreement by setting the amount of notary fees and agreeing upon their calculation procedure. The Council imposed EUR 88,400 fine on the Lithuanian Chamber of Notaries, and fines ranging from EUR 100 to EUR 20,800 on eight members of the Presidium for the infringements of the Law on Competition and the Treaty of the Functioning of the European Union.
The Competition Council reported that UAB Rimi Lietuva (RIMI) failed to implement merger remedies which the authority approved as a condition when clearing the acquisition by RIMI of 100 per cent shareholding and sole control of UAB Palink ( PALINK ).
The Lithuanian Competition Council‘s advocacy efforts received international recognition in the Antitrust Writing Awards . The Guidelines on Anti-Competitive Agreements and Bid Rigging in Public Procurement prepared by the Council‘s experts have been voted as one of the five Most Innovative 2017 Soft Laws in the world.
The Competition Council found that joint bids submitted by two Lithuanian construction firms UAB Irdaiva and AB Panevėžio statybos trestas (PST) restricted competition “by object”, in breach of Article 5 of the Law on Competition (national equivalent of Article 101 TFEU), as both firms could have bid separately. The fines imposed on firms...
This September the Council‘s experts embarked on a mission to teach Vilnius pupils more about fair competition and its benefits brought to business and consumers, which appeared to be something that is self-evident to them.
On December 5 the Lithuanian Competition Council joined the rest of the world to celebrate the World Competition Day and reminded the society that #CompetingIsHealthy, #CompetingIsWorthwhile, #CompetingIsBeneficial .
The Competition Council found a number of occasion wear shops operating in Vilnius guilty of a cartel that set a fixed dress try-on fee for customers. Firms received fines ranging from EUR 1 to EUR 1,960, with seven out of 12 cartel members admitting the infringement.
On October 18 the Competition Council cleared the acquisition of 100 per cent of UAB Palink ( PALINK ) shares and control by UAB Rimi Lietuva ( RIMI ) on condition that RIMI will sell part of its business related to retail trade.