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FOUR PRIORITY SECTORS UNDER THE COMPETITION COUNCIL'S SPOTLIGHT

18 01 2024

The Competition Council has decided to focus its attention on the energy, health (including pharmaceuticals), retail trade and digital markets sectors in 2024.

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ONLINE MARKETPLACES MONITORING: NO OBVIOUS COMPETITION PROBLEMS SO FAR, BUT BUSINESSES ARE ADVISED TO ASSESS THE RISKS OF CERTAIN PRACTICES
19 07 2023

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...

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COMPETITION LAW EXPERTS MET IN RIGA AT BALTIC COMPETITION CONFERENCE
18 11 2022

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...

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KONKURENCIJOS TARYBA HOSTED TRADITIONAL MEETING OF HEADS OF BALTIC COMPETITION AUTHORITIES IN VILNIUS
06 10 2022

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...

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LITHUANIAN COMPETITION AUTHORITY HOLDS HIGH POSITIONS AMONG WORLD’S COMPETITION AUTHORITIES
21 09 2022

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...

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LATVIAN FIRM DOBELES DZIRNAVNIEKS DOES NOT RECEIVE PERMISSION TO ACQUIRE LITHUANIAN COMPANY BALTIC MILL
26 08 2022

T oday t he Lithuanian competition authority Konkurencijos taryba r efused t o clear the acquisition of 1 00 per cent of the s hares and sole control of the Lithuanian company B altic M ill by the L atvian firm D obeles d zirnavnieks . The a uthority f ound t hat t he merger w ould c reate o r s trengthen the...

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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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OECD SUSPENDS PARTICIPATION OF RUSSIA AND BELARUS IN ORGANISATION‘S ACTIVITIES
09 03 2022

On March 8 the Organisation for Economic Co-operation and Development (OECD) decided to suspend the participation of Russia and Belarus in all OECD bodies, including the meetings of the OECD Competition Committee and its subsidiary bodies.

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JOINT STATEMENTS TO OECD AND UNCTAD BY LITHUANIAN, LATVIAN, ESTONIAN, POLISH COMPETITION AUTHORITIES IN SUPPORT OF UKRAINE
03 03 2022

We, the heads of the Lithuanian, Estonian, Latvian and Polish Competition Authorities, support the condemnation by our national governments of Russia‘s open large-scale aggression against an independent, peaceful, and democratic state of Ukraine.

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JOINT STATEMENT BY LITHUANIAN, LATVIAN, ESTONIAN COMPETITION AUTHORITIES IN SUPPORT OF UKRAINE
25 02 2022

We, the heads of the Lithuanian, Estonian and Latvian Competition Authorities, support the condemnation by our national governments of Russia‘s open large-scale aggression against an independent, peaceful, and democratic state of Ukraine.

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INVALDA INVL RECEIVES PERMISSION TO ACQUIRE LIFE INSURANCE BUSINESS IN BALTIC STATES
07 10 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of sole control of Mandatum Life Insurance Company Limited life insurance business in Lithuania, Latvia and Estonia by Invalda INVL indirectly through the company INVL Life .

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LATVIAN COMPANIES RECEIVE MERGER CLEARANCE
28 09 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of 100 per cent of the shares of the Latvian company Santa Monica Networks and indirect control of the Lithuanian company Santa Monica Networks by Latvijas Mobilais Telefons .

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