The Competition Council (hereinafter – Council) found that UAB Nemuno vaistinė (hereinafter – Company) made false claims about 30 per cent cheaper products sold in the pharmacies of Camelia (hereinafter – Camelia ), and thus breached Article 5 of the Law on Advertising.
On 29 August Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeal by Panevėžys City Municipality (hereinafter – Municipality) against the Competition Council‘s decision of 16 July 2016 whereby the Municipality restricted competition and consumer rights in the municipal waste management sector.
Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeals by UAB Aštuoniukė , UAB Audresta and UAB Vežesta and upheld the Competition Council‘s decision whereby Klaipėda City Municipality (hereinafter – Municipality) breached Article 4 of the Law on Competition.
On 18 August the Competition Council (hereinafter – Council) cleared the acquisition of 100 per cent of BTA Baltic Insurance Company AAS (hereinafter – BTA ) shares by VIENNA INSURANCE GROUP AG (hereinafter – VIG ) on condition that VIG will sell the part of business of Compensa Vienna Insurance Group ,...
Šarūnas Keserauskas, Chairman of the Competition Council (hereinafter – the Council), presented the authority‘s achievements of 2015 to the members of the Cabinet.
The Competition Council (hereinafter – the Council) found that Trakai District Municipality (hereinafter – Municipality) did not create non-discriminatory conditions for undertakings willing to execute maintenance works of public areas in Trakai District and, thus, failed to comply with the obligations imposed by the Council.
The Competition Council brings real benefits to consumers – after its intervention the Austrian online store www.ecco-verde.com restored the shipping of cosmetic products to Lithuania.
The Competition Council cleared a merger whereby UAB Luktarna took on lease 73 fuel stations owned by UAB Lukoil Baltija for five years, with possibility of extension. Having received the Competition Council‘s preliminary assessment, UAB Luktarna withdrew its intention to rent the remaining three fuel stations and, thus, avoided possible...
After the final ruling of the Supreme Administrative Court of Lithuania MAXIMA LT, UAB ( MAXIMA LT ) paid a cartel fine of EUR 13 666 216 and EUR 1 082 095,46 of interest. The Competition Council fined MAXIMA LT for a 10-year-long anti-competitive agreement with UAB Mantinga . The parties agreed to refrain from selling...
A weekly news magazine Veidas honoured the best state institutions and civil servants, including the Lithuanian Competition Council.
The Competition Council found that UAB Concretus Materials together with UAB Vilniaus betonas and UAB GG Investment (hereinafter – Companies) failed to provide complete and accurate information for the examination of a merger whereby UAB Concretus Materials intended to acquire up to 51 per cent of AB Akmenės cementas shares.
Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeal by UAB Forum Cinemas (hereinafter – Company) against the Competition Council‘s decision whereby the Company was fined EUR 1 384 300 for concluding an anti-competitive agreement.