The Competition Council found that UAB Norvesta and the German company Sypra concluded a cartel agreement while participating in the radioactive scrap metal auction conducted by Ignalina nuclear power plant, and thus were fined EUR 27,500 and EUR 27,100 respectively.
The Competition Council found that joint bids submitted by two Lithuanian construction firms UAB Irdaiva and AB Panevėžio statybos trestas (PST) restricted competition “by object”, in breach of Article 5 of the Law on Competition (national equivalent of Article 101 TFEU), as both firms could have bid separately. The fines imposed on firms...
On December 5 the Lithuanian Competition Council joined the rest of the world to celebrate the World Competition Day and reminded the society that #CompetingIsHealthy, #CompetingIsWorthwhile, #CompetingIsBeneficial .
The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision, according to which Šiauliai City Municipality granted privileges to the municipal company Busturas and restricted competition in the sector of passenger transportation services for 10 years.
The Competition Council cleared the acquisition of 100 per cent of UAB Ilsanta shares by UAB ILS holding .
The Competition Council found the Italian-based supplier Tecnoss Dental and its Lithuanian distributor UAB Implamedica engaged in fixing minimum resale prices of bone regeneration products used in implant dentistry. The infringement resulted in both companies receiving a total of EUR 175,500 of fines.
The Competition Council cleared the merger of the Finnish-based companies active within the construction industry Lemminkäinen Oyj and YIT Oyj .
The Supreme Administrative Court of Lithuania (Court) concluded that the company Baltic Ticket Holdings which acquired UAB Nacionalinis bilietų platintojas shall submit a merger filing to the Competition Council which started merger control proceedings on its own initiative.
On October 9–10 competition law experts and representatives of the European Commission, Lithuanian public and private sector gathered in the 14th Baltic Competition Conference in Vilnius to discuss how competition authorities can become better enforcers, strengthen institutional credibility and contribute to the well-being of the country and the citizens.
The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision, according to which the Council prohibited the acquisition of 100 per cent of Maltosa shares by Viking Malt Oy .
The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision on two bid rigging agreements.
The Supreme Administrative Court of Lithuania acknowledged that in 2004 and 2005 the Minister of the Interior adopted legal acts which granted exclusive rights to the state enterprise Infostruktūra and thus restricted the freedom of economic activity. According to the Court, such legal regulation infringed the constitutional principle of the rule of law.