Today, the President of the Republic of Lithuania Gitanas Nausėda, in accordance with the Constitution, the Law on Competition and having considered the proposal of Prime Minister Ingrida Šimonytė, signed a decree appointing Jolanta Ivanauskienė as the Chairwoman of the Lithuanian Konkurencijos taryba for a six-year term. Starting from 2 May...
On February 22, 2023, the Lithuanian, German and Romanian authorities partnering under the EU Twinning project “Legal and Enforcement Support to the Antimonopoly Committee of Ukraine (AMCU)” met to discuss the results that they have achieved during the project implementation. Over 30 representatives of relevant authorities of Ukraine, including...
On 16–20 January employees of the Anti-monopoly Committee of Ukraine took part in a study visit in Lithuania during which they participated in meetings with experts from the competition authority Konkurencijos taryba, Vilnius Regional Administrative Court, as well as from the Communications Regulatory Authority, and learned about the working...
The Lithuanian competition authority Konkurencijos taryba has established that the Lithuanian Association of Real Estate Agencies (LAREA) and its 39 members agreed not to solicit each other's clients and brokers, and thus restricted competition. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union...
The Lithuanian competition authority Konkurencijos taryba has found that the Lithuanian Pharmacy Association (LPA) and 8 pharmaceutical companies agreed on the margins of reimbursable medicines. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union resulted in more than EUR 72 million in fines.
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...
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.
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...
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...
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...
The Lithuanian competition authority Konkurencijos taryba assigned individual sanctions to the companies Būsto aplinka and City Service Engineering which concluded a bid-rigging cartel.
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.