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...
On 14 and 15 November the 18th Baltic Competition Conference was held and this time it was dedicated to the 30th anniversary of the Competition Council of Latvia. In the conference the special attention was paid to involvement of public administrative bodies - state and local governments – in business, as well as challenges of competition law of...
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...
The competition law journal and news service Global Competition Review, which conducts an annual ranking of the world‘s competition authorities, gave the Lithuanian competition authority Konkurencijos taryba three stars of five for eight years in a row. Competition authorities from Belgium, Latvia, Poland, Switzerland and some other countries...