Vilnius Regional Administrative Court (Court) satisfied the request of Konkurencijos taryba to impose personal liability on the former manager of Žagarės inžinerija for his direct involvement in the anti-competitive agreement between his firm and its competitor. The Court decided to restrict the right of the company’s manager to occupy...
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...
Konkurencijos taryba found that companies Pasvalio melioracija , Jadrana , Panevėžio melioracija and Biržų ranga concluded a bid-rigging cartel: cartelists colluded their actions and bids, including bid price, and agreed in advance on the winner of the tender. Konkurencijos taryba fined these companies a total of EUR 977,900.
Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of the Estonian company Baltic Classifieds Group indirectly through Antler Bidco and Antler HoldCo , the latter registered in Luxembourg, by the London-based firm Apax Partners .
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).
The Lithuanian competition authority Konkurencijos taryba and the German Federal Ministry for Economic Affairs and Energy successfully completed the European Union Twinning Project in Ukraine.
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 Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent of UAB Bio Sala shares (also indirect acquisition of 100 per cent of UAB Sveiki produktai shares ) and sole control by the Estonian company BaltCap indirectly through BaltCap Growth Fund EuVECA .
The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of UAB Keturi kambariai which manages the coffehouse chain Caffeine by the Norwegian company Reitan Convenience .
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.