The Lithuanian competition authority Konkurencijos taryba has found that the Lithuanian Pharmacy Association (LPA) and 8 pharmaceutical companies agreed on the margins of reimbursable medicines. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union resulted in more than EUR 72 million in fines.

On October 6, heads of the Lithuanian, Latvian and Estonian competition authorities met in Vilnius to discuss current competition law issues, including the review of business transactions covering all three Baltic states, as well as possible joint activities in the context of rising energy and other commodities prices caused by Russia‘s war in...

T oday t he Lithuanian competition authority Konkurencijos taryba r efused t o clear the acquisition of 1 00 per cent of the s hares and sole control of the Lithuanian company B altic M ill by the L atvian firm D obeles d zirnavnieks . The a uthority f ound t hat t he merger w ould c reate o r s trengthen the...

Considering the development of e-commerce in recent years, the Lithuanian and Latvian competition authorities are launching parallel business surveys in their countries seeking to find out whether businesses encounter any possible restrictions of competition in online marketplaces and to identify common problems that are relevant for companies...

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.

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...

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...

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...

The antitrust and competition law journal and news service Global Competition Review has conducted an annual survey of the world‘s leading competition authorities and for six years in a row gave the Lithuanian Konkurencijos taryba three stars out of five, placing it next to competition agencies from Sweden, Norway, Netherlands or Belgium.

Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of the Estonian company  Veho Eesti AS by the Finnish-based firm  Auto-Bon Oy .

Which public services should be provided by state and municipal companies and which should be entrusted to private companies? These questions were raised by participants of the international conference “Do We Need Competition in Public Services”. The event, which took place on September 16 in Vilnius, was organized by Konkurencijos taryba in...

Lietuvos paštas committed to inform other postal service providers about any pricing changes in advance and not to create any obstacles to its competitors operating in the same market. Konkurencijos taryba decided that these commitments proposed by the company are appropriate and sufficient to eliminate the alleged infringement of the Law on...