ESTONIAN COMPANIES WILL BE ABLE TO CARRY OUT THE TRANSACTION
The Competition Council has allowed Inbank Holdings to acquire 33.43% of Mobire Group shares and take sole control of the company. Prior to this transaction, Inbank Holdings had joint control of Mobire Group together with other shareholders.
THE COURT: LATVIAN FLOUR AND OTHER PRODUCTS MANUFACTURER WAS REASONABLY DENIED PERMISSION TO ACQUIRE A LITHUANIAN COMPETITOR
Today, the Supreme Administrative Court of Lithuania confirmed that the Competition Council had reasonably refused to grant a permission to carry out a merger to the company Dobeles dzirnavnieks , which intended to acquire 100 percent of the shares of the Lithuanian company Baltic Mill , which owns the flour and other products manufacturer...
CGATES RECEIVES PERMISSION TO ACQUIRE PART OF SPLIUS BUSINESS
The Competition Council has granted permission to Cgates , a company providing fixed Internet access, pay-TV, and telephony services in Lithuania, to acquire sole control of a newly established company to which parts of SPLIUS 's business – providing similar services – will be transferred.
THE COMPETITION COUNCIL IDENTIFIES FOUR SECTORS TO PRIORITISE THIS YEAR
Energy, defence, retail trade, and digital markets – these are the sectors that the Competition Council has designated as priorities for 2025. The Authority plans not only to monitor developments in these markets but also to take proactive investigative and preventive actions, conduct educational initiatives, and collaborate with other...
RELEVANT COMPETITION LAW ISSUES WERE DISCUSSED AT THE INTERNATIONAL CONFERENCE
Association activities and the regulation of digital markets were the focus of the traditional Baltic Competition Conference in Vilnius, which brought together competition law, economics and other professionals from several countries in the region.
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...
THE COMPETITION COUNCIL CLEARS TRANSACTION FOR ESTONIAN COMPANIES
Aktsiaselts Infortar will be able to acquire 21.71% of the shares in Aktsiaselts Tallink Grupp, together with the existing shares for a total of 68.47%, and take over sole control of it. The transaction has been cleared by the Competition Council.
COMPANIES SELLING COSMETICS AND PERSONAL CARE PRODUCTS WILL BE ABLE TO CARRY OUT THE TRANSACTION
The Competition Council has authorised Kosmelita to acquire 100% of the shares of Bodybalt , a Latvian company with a branch in Lithuania, and 100% of the shares of Bodybalt , an Estonian company, and to take over the sole control of these companies.
THE GUIDELINES OF THE COMPETITION COUNCIL PROVIDE RECOMMENDATIONS FOR E-COMMERCE BUSINESSES
In order to contribute to a better understanding of the competition law requirements for businesses in the digital space, the Competition Council has prepared Guidelines on e-commerce, which provide the most relevant information on the prohibition of anti-competitive agreements and recommendations for the e-commerce sector.
THE COMPETITION COUNCIL HAS DENIED LIT EGG'S ACQUISITION OF GIRELĖS PAUKŠTYNAS
The company Lit Egg will not be able to acquire the egg production business of the Girelės paukštynas poultry farm and the agricultural company Nematekas , along with the real estate necessary to administer the business. The Competition Council did not grant permission for this transaction, determining that implementing the concentration...
FOUR PRIORITY SECTORS UNDER THE COMPETITION COUNCIL'S SPOTLIGHT
The Competition Council has decided to focus its attention on the energy, health (including pharmaceuticals), retail trade and digital markets sectors in 2024.
The Competition Council, after conducting monitoring of online marketplaces, did not identify any obvious illegal competition restraints or other factors that effectively restrict competition in electronic commerce. However, the Authority has drawn the attention of the sector to certain business practices that may pose a risk of restricting...