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PROCEDURE FOR SETTING FINES FOR COMPETITION LAW INFRINGEMENTS HAS BEEN IMPROVED
09 11 2022

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...

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WINDLY HOLDING OÜ RECEIVES MERGER CLEARANCE
04 11 2022

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.

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FINNISH COMPANY RECEIVES PERMISSION TO ACQUIRE GERMAN MANUFACTURER OF PRESSURE SENSITIVE LABELS
02 09 2022

The Finnish forestry company UPM-Kymmene Beteiligungs will be able to acquire 100 per cent of the shares of the German firm AMC AG Advanced Methods of Coating and, indirectly, control of Inter Sign, SERPRI, Print Inform Japan and ITRACO International Trading + Consulting . This transaction has been cleared by the Lithuanian competition...

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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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MERGER BETWEEN PILETILEVI GROUP AND TIKETA RESTRICTED COMPETITION
14 06 2022

Today the Lithuanian competition authority Konkurencijos taryba has refused to clear the merger whereby the Estonian company Piletilevi Group acquired 100 per cent of the shares and sole control of the Lithuanian ticket distributor Tiketa. The authority found that the merger created or strengthened a dominant position or substantially...

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CARTELISTS HAVE BEEN ASSIGNED INDIVIDUAL SANCTIONS  
01 06 2022

The Lithuanian competition authority Konkurencijos taryba assigned individual sanctions to the companies Būsto aplinka and City Service Engineering which concluded a bid-rigging cartel.  

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IN-HOUSE CONTRACT CAN BE CONCLUDED ONLY IN EXCEPTIONAL CASES AFTER ASSESSING ITS IMPACT ON FAIR COMPETITION
19 05 2022

The Lithuanian competition authority Konkurencijos taryba supervising how municipalities comply with the Law on Competition when concluding in-house contracts will analyse whether they conform to the judicial interpretations of the Constitutional Court concerning the assessment of the impact of in-house contracts on fair competition.

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LITHUANIAN COMPETITION AUTHORITY WILL REVIEW TRANSACTION BETWEEN KAUNO LIFTAI AND BALTIJOS LIFTAI ON ITS OWN INITIATIVE
17 05 2022

The Lithuanian competition authority Konkurencijos taryba has decided to apply the merger control procedure on its own initiative and assess whether the acquisition by Kauno liftai of 100 per cent of shares of Baltijos liftai has created or strengthened a dominant position or significantly restricted competition in the market of lifting...

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DISPUTE OVER FINES TO CARTELISTS SETTLED IN COURT
31 03 2022

On March 30 the Supreme Administrative Court of Lithuania (Court) has approved settlement agreements between the Lithuanian competition authority Konkurencijos taryba and the companies Jadrana and Pasvalio melioracija in which EUR 18,720 and EUR 151,430 respective individual fines assigned to the infringers for a cartel agreement have been...

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KONKURENCIJOS TARYBA ASSIGNS INDIVIDUAL SANCTIONS TO INFRINGERS IN OBSTRUCTION CASE
31 03 2022

The Lithuanian competition authority Konkurencijos taryba assigned individual sanctions to the companies Būsto aplinka and Mano Būsto priežiūra which obstructed the inspection conducted by the authority’s officials.

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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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