EMSI VIOLATED THE LAW ON COMPETITION BY EXPANDING ITS NETWORK OF PETROL STATIONS WITHOUT PERMISSION OF THE COMPETITION COUNCIL
The Competition Council found that the petrol station network operator Emsi took control of four petrol stations without the institution’s authorisation. The company has been ordered to bring the infringement of the Law on Competition to an end and has been fined a total of EUR 1,022,170.
MM GRUPP VIOLATED THE LAW ON COMPETITION BY ACQUIRING CONTROL OF ITS COMPETITOR WITHOUT PERMISSION
Estonian company MM Grupp , which owns the Apollo cinema chain, violated the Law on Competition when it acquired control of Forum Cinemas Lithuania and the Forum Cinemas cinema chain from Odeon Cinemas Group without permission of the Competition Council. The Competition Council imposed a fine of €7,507,930 on MM Grupp and obliged it...
THE COURT: LATVIAN FLOUR AND OTHER PRODUCTS MANUFACTURER WAS REASONABLY DENIED PERMISSION TO ACQUIRE A LITHUANIAN COMPETITOR
Today, the Supreme Administrative Court of Lithuania confirmed that the Competition Council had reasonably refused to grant a permission to carry out a merger to the company Dobeles dzirnavnieks , which intended to acquire 100 percent of the shares of the Lithuanian company Baltic Mill , which owns the flour and other products manufacturer...
PETROL STATION NETWORK OPERATOR EMSI SUSPECTED OF VIOLATING COMPETITION LAW
The Competition Council has completed its investigation into the suspected implementation of unnotified mergers and has sent the Statement of Objections to the petrol station network operator Emsi .
CGATES RECEIVES PERMISSION TO ACQUIRE PART OF SPLIUS BUSINESS
The Competition Council has granted permission to Cgates , a company providing fixed Internet access, pay-TV, and telephony services in Lithuania, to acquire sole control of a newly established company to which parts of SPLIUS 's business – providing similar services – will be transferred.
THE COMPETITION COUNCIL APPEALED THE COURT'S DECISION REGARDING THE AGREEMENT BETWEEN PHARMACEUTICAL COMPANIES
The dispute over whether the Lithuanian Pharmaceutical Association (LPA) and its members were justifiably fined for entering into an anti-competitive agreement is moving to the Supreme Administrative Court of Lithuania – today, the Competition Council submitted an appeal outlining the reasons why it is requesting the annulment of the decision...
COMPETITION COUNCIL WILL CONSIDER APPEALING THE COURT‘S RULING ON THE PHARMACIES’ AGREEMENT
The Regional Administrative Court issued a ruling yesterday on the contested decision of the Competition Council, which had established that pharmaceuticals companies entered into an anti-competitive agreement between.
APPROVAL GRANTED FOR CONCENTRATION IN THE FIELD OF INFORMATION TECHNOLOGY
The Norwegian investment company Hawk Infinity will be able to indirectly acquire 94.74% of the shares in the company WhiteBit through a special purpose entity, SaaS Holding , and take sole control of WhiteBit . The Competition Council has granted permission for this transaction.
INFRINGEMENT IDENTIFIED BY THE COMPETITION COUNCIL MAY DETER ALMOST HALF A HUNDRED POTENTIAL VIOLATIONS
The Competition Council's activities bring not only direct but also indirect benefits to consumers. The latter manifest itself through the deterrent effect of the institution's decisions, when companies, aware of the investigations being conducted and possible sanctions, refrain from illegal actions or cease them. Surveys of businesses and...
APPROVAL GRANTED FOR TRANSACTION IN THE COMMERCIAL AIRCRAFT MAINTENANCE SECTOR
The Competition Council has approved the acquisition by Willis Mitsui & Co Engine Support Limited of 100% of the shares in Bridgend Asset Management Limited and the takeover of sole control of the company. As part of the transaction, the Japanese company Mitsui & Co. Ltd . has also been authorised to enter into agreements with Willis...
SAFEROAD BALTIC WILL BE ABLE TO IMPLEMENT THE MERGER FOLLOWING COMMITMENTS
The Competition Council has cleared the acquisition by Saferoad Baltic of Gatas . The clearance was granted following commitments by Saferoad Baltic to preserve effective competition in the markets for the supply of road barrier systems and their installation and maintenance.
PARLIAMENT APPROVES AMENDMENTS TO THE COMPETITION LAW
Today, the Seimas has adopted amendments to the Law on Competition related to the consultative function of the Competition Council and the procedure for the collection of fines and interest to the state budget in cases when the decision of the Authority is appealed to the court.