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LITHUANIAN AND LATVIAN COMPETITION AUTHORITIES LAUNCH ONLINE MARKETPLACES MONITORING TO UNDERSTAND SECTOR AND POTENTIAL RESTRICTIONS OF COMPETITION
16 03 2022

Considering the development of e-commerce in recent years, the Lithuanian and Latvian competition authorities are launching parallel business surveys in their countries seeking to find out whether businesses encounter any possible restrictions of competition in online marketplaces and to identify common problems that are relevant for companies...

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AFTER SUPPLIERS SUSPEND THEIR TIES WITH RUSSIA AND BELARUS, LITHUANIAN KONKURENCIJOS TARYBA URGES RETAIL CHAINS NOT TO USE THEIR MARKET POWER UNFAIRLY
07 03 2022

The Lithuanian competition authority Konkurencijos taryba has sent a letter to the firms managing five major retail chains urging them to take into account the recent changes in market conditions and to refrain from actions incompatible with good business practices in respect of food and drink suppliers which suspended or delayed the execution...

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1 EURO ALLOCATED TO KONKURENCIJOS TARYBA BROUGHT 6.2 EUROS OF DIRECT EXPECTED BENEFITS TO CONSUMERS
04 03 2022

Having conducted the annual impact assessment of its activities, the Lithuanian competition authority Konkurencijos taryba calculated that direct expected benefits to consumers over the period of 2019–2021 amounted to an average of EUR 15.6 million per year and exceeded the authority’s annual budget 6.2 times.

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LITHUANIAN COMPETITION AUTHORITY UPDATES MERGER FILING FEES
28 02 2022

The Lithuanian competition authority Konkurencijos taryba has updated the merger filing fees, as well as fees for the examination of requests to perform individual merger actions. The fees are based on the expenses incurred by the authority last year and will apply to undertakings from 1 March 2022

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STUDY REVEALS THAT LITHUANIAN BUSINESSES’ NEED FOR COMPETITION ADVOCACY REMAINS HIGH
13 01 2022

The study of the Lithuanian businesses’ understanding of the rights and obligations established in the Law on Competition has revealed that although many interviewed companies are aware of the main competition law principles, there is a lack of knowledge about the application of certain law provisions, liability for infringements and the...

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LITHUANIAN COMPETITION AUTHORITY IDENTIFIES FOUR PRIORITY SECTORS
11 01 2022

In the strategic plan 2022 the Lithuanian Konkurencijos taryba has identified four priority sectors. The authority is planning to monitor more closely competition restrictions in the labour market, health sector (including pharmaceuticals), retail trade and e-commerce, as well as to take active enforcement and advocacy actions.

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KONKURENCIJOS TARYBA REDUCES FINES FOR FOOD WHOLESALERS FOR COOPERATION AND SETTLEMENT IN BID-RIGGING CASE
16 12 2021

The Lithuanian competition authority Konkurencijos taryba has found that the companies Sanitex , Sotėja , Selnera , Maistulis and Egilėja rigged their bids, including the price, in public procurements for the purchase of food products organised by or for the benefit of educational institutions and social service providers. Since the firms...

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STUDY REVEALED POTENTIAL FOR INCREASING SMALL AND MEDIUM-SIZED ENTERPRISE FINANCING
15 12 2021

More targeted state aid measures, the reduction of administrative burden for small and medium-sized enterprises (SMEs), more information on alternative financing opportunities and enhanced financial reporting of enterprises – these recommendations and measures of their implementation have been presented by the Bank of Lithuania and the...

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BY AGREEING NOT TO PAY PLAYERS’ SALARIES LITHUANIAN BASKETBALL LEAGUE AND ITS CLUBS INFRINGED COMPETITION LAW
18 11 2021

The Lithuanian competition authority Konkurencijos taryba found that the Lithuanian Basketball League ( Lietuvos krepšinio lyga – LKL) and 10 basketball clubs concluded an anti-competitive agreement when they decided not to pay basketball players salaries or other financial remuneration for the rest of the season after the termination of the...

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MERGER IN HEALTHCARE SECTOR CLEARED SUBJECT TO COMMITMENTS
15 11 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of joint control of InMedica and, indirectly, MediCA klinika , Kardiolita , Bendrosios medicinos praktika and Svalbono klinika by the investment fund INVL Baltic Sea Growth Fund and the companies Litgaja and RP PHARMA on condition that part of the...

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KONKURENCIJOS TARYBA TERMINATES INFRINGEMENT PROCEEDINGS IN BIOFUEL MARKET
04 11 2021

The Lithuanian competition authority Konkurencijos taryba has decided to close the infringement proceedings into an alleged anti-competitive agreement between the firms Vilniaus energija and Bionovus (its successor was First Opportunity , a company registered in Estonia and later liquidated), in the biofuel market.

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