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 Competition Council concluded that Vienna Insurance Group (VIG) properly implemented the remedies concerned with the divestiture of business related to international carriers‘ compulsory motor vehicle third party liability (MTPL) insurance in Lithuania.
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.
Vilnius Regional Administrative Court (Court) upheld the Competition Council’s request to restrict the right of V. M. of Baltic Transport Service , A. F. of Convertus and G. I. of Gedarta to be the managers of a public or private legal person. It has been the first time when the Court imposed a sanction on the managers of the undertakings...
The Supreme Administrative Court of Lithuania (Court) satisfied the appeal of the Competition Council and annulled the ruling of Vilnius Regional Administrative Court, according to which the Council was obliged to conduct an additional investigation regarding the merger of the Estonian managers of classified ads.
Vilnius Regional Administrative Court (Court) rejected the complaints by NT partneriai and Karolinos turas and upheld the Lithuanian Competition Council’s decision, according to which the companies were fined for misleading advertising.
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.
The Competition Council refused to give a permission to a municipal company of Kelmė District Municipality regarding the provision of heavy vehicle washing services.
The Supreme Administrative Court of Lithuania (Court) rejected the appeals by Panevėžys City Municipality and the company Panevėžys specialus autotransportas and upheld the Lithuanian Competition Council’s decision, according to which the Municipality was found to have breached the Law on Competition by authorising its company to provide municipal waste management services without a competitive procedure.
Vilnius County Court acknowledged D. J. guilty of an attempt to bribe an employee of the Lithuanian Competition Council and sentenced him to a suspended sentence of two years in prison, as well as imposed a fine of EUR 7,532.
The Competition Council found that UAB Norvesta and the German company Sypra concluded a cartel agreement while participating in the radioactive scrap metal auction conducted by Ignalina nuclear power plant, and thus were fined EUR 27,500 and EUR 27,100 respectively.
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...