The new website of the Competition Council (hereinafter – Council) was nominated among the best digital marketing works in the contest “Best Internet 2016“ organised by the Lithuanian business daily newspaper Verslo žinios .
Last week after the final ruling of the Supreme Administrative Court of Lithuania UAB Mantinga paid a fine of EUR 2 151 417 and EUR 192 569 of interest. The Competition Council (hereinafter – Council) fined UAB Mantinga for a 10-year-long anti-competitive agreement with MAXIMA LT, UAB (hereinafter – MAXIMA LT ). The parties...
On 29 August Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeal by Panevėžys City Municipality (hereinafter – Municipality) against the Competition Council‘s decision of 16 July 2016 whereby the Municipality restricted competition and consumer rights in the municipal waste management sector.
On 18 August the Competition Council (hereinafter – Council) cleared the acquisition of 100 per cent of BTA Baltic Insurance Company AAS (hereinafter – BTA ) shares by VIENNA INSURANCE GROUP AG (hereinafter – VIG ) on condition that VIG will sell the part of business of Compensa Vienna Insurance Group ,...
Šarūnas Keserauskas, Chairman of the Competition Council (hereinafter – the Council), presented the authority‘s achievements of 2015 to the members of the Cabinet.
The Competition Council brings real benefits to consumers – after its intervention the Austrian online store www.ecco-verde.com restored the shipping of cosmetic products to Lithuania.
After the final ruling of the Supreme Administrative Court of Lithuania MAXIMA LT, UAB ( MAXIMA LT ) paid a cartel fine of EUR 13 666 216 and EUR 1 082 095,46 of interest. The Competition Council fined MAXIMA LT for a 10-year-long anti-competitive agreement with UAB Mantinga . The parties agreed to refrain from selling...
A weekly news magazine Veidas honoured the best state institutions and civil servants, including the Lithuanian Competition Council.
The Supreme Administrative Court of Lithuania (hereinafter – Court) rejected the appeals by MAXIMA LT, UAB (hereinafter – MAXIMA LT ) and UAB Mantinga and upheld the Competition Council‘s decision, according to which, the aforementioned companies concluded an anti-competitive agreement.
The Competition Council (hereinafter – KT) has submitted its preliminary market study report on reimbursable pharmaceuticals for public consultation. KT experts aimed at finding out if current legal regulation does not create obstacles for pharmaceuticals to enter the market of reimbursable pharmaceuticals and stay in it, and whether competition...
Having evaluated the evidence on the suspected anti-competetive behavior of Lithuanian companies engaged in cement production and trade, the Competition Council (hereinafter – KT) terminated the investigation.
On 6 May 2016, the Competition Council (hereinafter – KT) prohibited a merger whereby in 2014 AS Eesti Meedia acquired 100 per cent of AllePAL OÜ shares. KT found that the merger restricted competition in the Lithuanian markets of classified ads for real estate and vehicles.