COMPETITION COUNCIL EXPERTS SHARED THEIR EXPERIENCE WITH COLLEAGUES FROM MONTENEGRO
A two-day study visit of representatives from Montenegro's Competition Protection Agency has concluded today. During the visit, guests became familiar with the latest working practices of the Competition Council, its key operational principles, and engaged in discussions on topics relevant to both institutions.
THE OWNER OF DELFI.LT, WHO DID NOT OBTAIN APPROVAL FROM THE COMPETITION COUNCIL, WILL HAVE TO SELL ONE OF ITS NEWS PORTALS
The Competition Council has not cleared the transaction by which the Estonian company Ekspress Grupp , which operates the news portal delfi.lt , acquired Lrytas , which operates the news portal lrytas.lt , and has ordered the company to restore the previous situation or remedy the effects of the concentration by selling one of the portals.
THE UNDERTAKINGS' ANTI-COMPETITIVE AGREEMENT DENIED CONSUMERS LOWER PRICES FOR FOOD SUPPLEMENTS AND COSMETICS
The Competition Council found that Giantera , the official representative of the Dr. Ohhira brand in Lithuania, and 19 distributors of its products had agreed not to sell food supplements and cosmetic products at prices lower than the supplier's prices, and not to offer discounts and promotions to consumers. The companies were fined a total...
THE COMPETITION COUNCIL AND ITS PARTNERS WILL IMPLEMENT A PROJECT ON DIGITAL MARKETS
The Competition Council, together with the Polish and Latvian competition authorities and the Organisation for Economic Co-operation and Development (OECD), will implement the European Union (EU) technical assistance project "Competition Market Study: Digital Sector – Poland, Latvia and Lithuania" to help ensure competitiveness in the digital...
A NOTICE OF SUSPECTED VIOLATION HAS BEEN SENT TO COMPANIES SELLING FOOD SUPPLEMENTS AND COSMETIC PRODUCTS
The Competition Council concluded its investigation and sent a Statement of Objections (SO) to Giantera , a company supplying and distributing food supplements and cosmetics under the brand name Dr. Ohhira , and to other companies distributing these products.
THE COMPETITION COUNCIL AND PARTNERS HAVE SUCCESSFULLY IMPLEMENTED THE EU TWINNING PROJECT IN GEORGIA
To mark the end of the two-year European Union (EU) Twinning project in Georgia, the final event of the initiative was held in Tbilisi. It was attended by representatives of the Lithuanian and Austrian institutions that implemented the project, including experts from the Competition Council, the beneficiary – the Georgian Competition and...
REAL ESTATE AGENCIES BELONGING TO THE FRANCHISE NETWORK AGREED TO APPLY A MINIMUM 3 PERCENT COMMISSION FEE TO CLIENTS
The Competition Council recognised that the company Capital Realty and 20 real estate agencies that signed a franchise agreement with it agreed to apply a commission fee of not less than 3 percent to clients, thus restricting mutual competition. A total fine of EUR 710,751 was imposed for violating the Law on Competition.
THE 2023 ANNUAL REPORT OF THE COMPETITION COUNCIL WAS PRESENTED
Chairwoman of the Competition Council, Jolanta Ivanauskienė, presenting the 2023 Annual Report at an interinstitutional meeting in the Government this week, overviewed the main results achieved by the institution in the past year and answered questions.
INTERIM MEASURES ON THE ESTONIAN COMPANY OPERATING A CINEMA CHAIN EXTENDED FOR ONE YEAR
The Competition Council has decided to extend the interim measures imposed on the Estonian company MM Grupp , which include an obligation to manage all the assets and business of Forum Cinemas , which was allegedly taken over without the Authority's approval, in a way that does not harm its economic viability, saleability or competitiveness,...
OWNER OF DELFI.LT WILL HAVE TO GET PERMISSION FOR A CONCENTRATION FROM THE COMPETITION COUNCIL OR SELL THE SHARES OF LRYTAS
The Competition Council recognised that the Estonian company Ekspress Grupp , which controls the news portal delfi.lt , violated the Law on Competition by acquiring the company Lrytas , which controls the news portal lrytas.lt , without notifying the institution and obtaining its permission.
THE REGULATIONS OF THE MINISTRY OF TRANSPORT AND COMMUNICATIONS BECAME AN OBSTACLE TO OPENING UP THE RAILWAY TRANSPORT MARKET
The Competition Council has found that the rules adopted by the Minister of Transport and Communications in 2020, which give freight carriers access to congested railway lines, favour LTG Cargo , a company operating on the market, and discriminate against other companies providing the same services.
COMPETITION COUNCIL DENIES TV3 SHAREHOLDER'S TAKEOVER OF LITHUANIA'S LARGEST RADIO STATION GROUP
All Media Lithuania will not be able to acquire 100% of the shares of three companies that operate the radio stations M-1, M-1 Plus, Lietus, Laluna, Raduga , and the company Reklamos ekspertai . The Competition Council did not clear the transaction after finding that the concentration would create or strengthen a dominant position or...