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LITHUANIAN COMPETITION AUTHORITY IDENTIFIES FOUR PRIORITY SECTORS
11 01 2022

In the strategic plan 2022 the Lithuanian Konkurencijos taryba has identified four priority sectors. The authority is planning to monitor more closely competition restrictions in the labour market, health sector (including pharmaceuticals), retail trade and e-commerce, as well as to take active enforcement and advocacy actions.

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KONKURENCIJOS TARYBA REDUCES FINES FOR FOOD WHOLESALERS FOR COOPERATION AND SETTLEMENT IN BID-RIGGING CASE
16 12 2021

The Lithuanian competition authority Konkurencijos taryba has found that the companies Sanitex , Sotėja , Selnera , Maistulis and Egilėja rigged their bids, including the price, in public procurements for the purchase of food products organised by or for the benefit of educational institutions and social service providers. Since the firms...

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STUDY REVEALED POTENTIAL FOR INCREASING SMALL AND MEDIUM-SIZED ENTERPRISE FINANCING
15 12 2021

More targeted state aid measures, the reduction of administrative burden for small and medium-sized enterprises (SMEs), more information on alternative financing opportunities and enhanced financial reporting of enterprises – these recommendations and measures of their implementation have been presented by the Bank of Lithuania and the...

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PARTICIPANTS OF CLOSING STATE AID PROJECT EVENT IN SERBIA EXCHANGED WORK EXPERIENCE DURING PANDEMIC
25 11 2021

The Regional Conference "State Aid and Western Balkans’ Economies" gathered on 24 November 2021 representatives of the Serbian Commission for State Aid Control, European Commission, state aid control bodies from the region and European experts who exchanged experience during the current COVID-19 pandemic, which has significantly affected the...

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BY AGREEING NOT TO PAY PLAYERS’ SALARIES LITHUANIAN BASKETBALL LEAGUE AND ITS CLUBS INFRINGED COMPETITION LAW
18 11 2021

The Lithuanian competition authority Konkurencijos taryba found that the Lithuanian Basketball League ( Lietuvos krepšinio lyga – LKL) and 10 basketball clubs concluded an anti-competitive agreement when they decided not to pay basketball players salaries or other financial remuneration for the rest of the season after the termination of the...

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MERGER IN HEALTHCARE SECTOR CLEARED SUBJECT TO COMMITMENTS
15 11 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of joint control of InMedica and, indirectly, MediCA klinika , Kardiolita , Bendrosios medicinos praktika and Svalbono klinika by the investment fund INVL Baltic Sea Growth Fund and the companies Litgaja and RP PHARMA on condition that part of the...

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KONKURENCIJOS TARYBA TERMINATES INFRINGEMENT PROCEEDINGS IN BIOFUEL MARKET
04 11 2021

The Lithuanian competition authority Konkurencijos taryba has decided to close the infringement proceedings into an alleged anti-competitive agreement between the firms Vilniaus energija and Bionovus (its successor was First Opportunity , a company registered in Estonia and later liquidated), in the biofuel market.

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LITHUANIAN COMPETITION AUTHORITY TERMINATES MERGER REVIEW PROCESS IN CINEMA MARKET
15 10 2021

The Lithuanian competition authority Konkurencijos taryba has terminated the review of a merger notification under which the Estonian company MM Grupp intended to acquire another Estonian company Forum Cinemas Lithuania , which owns and operates cinemas in the cities of Vilnius, Kaunas, Klaipėda and Šiauliai in Lithuania. Since the merger...

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INVALDA INVL RECEIVES PERMISSION TO ACQUIRE LIFE INSURANCE BUSINESS IN BALTIC STATES
07 10 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of sole control of Mandatum Life Insurance Company Limited life insurance business in Lithuania, Latvia and Estonia by Invalda INVL indirectly through the company INVL Life .

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LATVIAN COMPANIES RECEIVE MERGER CLEARANCE
28 09 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of 100 per cent of the shares of the Latvian company Santa Monica Networks and indirect control of the Lithuanian company Santa Monica Networks by Latvijas Mobilais Telefons .

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