Today, the Parliament of the Republic of Lithuania, the Seimas, approved amendments to the Law on Competition, which aim to create conditions for more effective enforcement of competition and state aid rules in Lithuania. Among the most important changes, is the rules on recovery of unlawful and/or incompatible with the EU internal market state...
The five-day visit of the staff of the Georgian National Competition Agency to Konkurencijos taryba concluded today, during which the guests got acquainted with the latest working practices of their Lithuanian colleagues, as well as visited several other Lithuanian institutions.
Konkurencijos taryba has decided that the Municipality of Palanga (Municipality) infringed the Law on Competition by transferring the management of a swimming pool and the provision of various types of services, including commercial ones, without a competitive procedure, to its own institution Palangos investicijų valdymas .
Today, the President of the Republic of Lithuania Gitanas Nausėda, in accordance with the Constitution, the Law on Competition and having considered the proposal of Prime Minister Ingrida Šimonytė, signed a decree appointing Jolanta Ivanauskienė as the Chairwoman of the Lithuanian Konkurencijos taryba for a six-year term. Starting from 2 May...
On February 22, 2023, the Lithuanian, German and Romanian authorities partnering under the EU Twinning project “Legal and Enforcement Support to the Antimonopoly Committee of Ukraine (AMCU)” met to discuss the results that they have achieved during the project implementation. Over 30 representatives of relevant authorities of Ukraine, including...
On 16–20 January employees of the Anti-monopoly Committee of Ukraine took part in a study visit in Lithuania during which they participated in meetings with experts from the competition authority Konkurencijos taryba, Vilnius Regional Administrative Court, as well as from the Communications Regulatory Authority, and learned about the working...
The Lithuanian competition authority Konkurencijos taryba has established that the Lithuanian Association of Real Estate Agencies (LAREA) and its 39 members agreed not to solicit each other's clients and brokers, and thus restricted competition. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union...
The Lithuanian competition authority Konkurencijos taryba has found that the Lithuanian Pharmacy Association (LPA) and 8 pharmaceutical companies agreed on the margins of reimbursable medicines. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union resulted in more than EUR 72 million in fines.
Today the Lithuanian Government adopted a resolution approving the description of the procedure for setting fines for infringements of the Law on Competition. A more detailed regulation of the methodology for setting fines, which will apply from 1 May 2023, will result in fewer preconditions for disputes in courts concerning the amount of fines...
The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of 33.4 per cent of the shares of the company 9 sparnai, as well as acquisition of its joint control together with E energy invest, by the Estonian firm Windly Holding OÜ.
On October 6, heads of the Lithuanian, Latvian and Estonian competition authorities met in Vilnius to discuss current competition law issues, including the review of business transactions covering all three Baltic states, as well as possible joint activities in the context of rising energy and other commodities prices caused by Russia‘s war in...