From July 1 persons who provide evidence enabling Konkurencijos taryba to detect anti-competitive agreements will be entitled to a financial reward. It is hoped that this will encourage the society to take a more active role in reporting to the Lithuanian competition authority cartels or other anti-competitive agreements entered into by the...
From May 1, after the amendments to the Law on Advertising have entered into force, the Lithuanian competition authority Konkurencijos taryba will transfer its functions relating to the supervision of misleading and comparative advertising to the State Consumer Rights Protection Authority (SCRPA).
Today Seimas adopted amendments to the Law on Competition of the Republic of Lithuania. One of the major changes concern the right of the Lithuanian competition authority to remunerate whistleblowers that provide information about anti-competitive agreements.
The Lithuanian competition authority Konkurencijos taryba evaluated the judgement of Vilnius Regional Administrative Court repealling the watchdog‘s decision on a cartel agreement between the Lithuanian Chamber of Notaries and members of its Presidium, and decided to bring an appeal before the Supreme Administrative Court.
The Supreme Administrative Court of Lithuania upheld the decision of the Lithuanian competition authority Konkurencijos taryba imposing fines for bid-rigging in the public procurement on the companies Elmis , Ledevila and Vortex Capital .
The District Court of Vilnius imposed a fine of almost EUR 500 on V. M. for failure to leave the managerial position in a company that was involved in a cartel agreement.
The Supreme Administrative Court of Lithuania agreed to renew court proceedings concerning an anti-competitive agreement on the biofuel market as requested by the Lithuanian competition authority Konkurencijos taryba.
The Lithuanian competition authority Konkurencijos taryba found that 26 driving schools and the Lithuanian association of driving schools (Association) were involved in a cartel that set prices of driving lessons in three cities of Lithuania. The aforementioned anti-competitive agreement resulted in fines for companies ranging from EUR 1,500 to...
The Lithuanian Competition Council closed the investigation into the compliance of Swedbank actions with the requirements of the Law on Competition upon Swedbank submitting written commitments suitable for the elimination of the alleged competition law breach and creating preconditions to avoid it in the future.
Vilnius Regional Administrative Court has rejected the appeal by AB Kauno grūdai against the Competition Council’s decision of 9 June 2017, whereby the company was fined EUR 947,700 for acquiring about 51 per cent of Vievio paukštynas shares and gaining control over the company, and thus implementing an unnotified merger.
Vilnius Regional Administrative Court (the Court) upheld Competition Council‘s decision according to which two Lithuanian construction companies Panevėžio statybos trestas (PST) and Irdaiva were fined for anti-competitive agreement.
The Competition Council informed the Centre of Registers, which is responsible for administering the Register of Legal Entities, that Vilnius Regional Administrative Court restricted the right of Vitalijus Mukovozas, Manager of Baltic Transport Service , Andrejus Falevičius, Manager of Convertus and Gediminas Ivanauskas, Manager of Gedarta...