NEW VISION AND OBJECTIVES IN THE STRATEGY FOR 2024–2029
The Competition Council has confirmed the Strategy for the next five years, which, among other things, announces a new vision and strategic goals and tasks for the Authority.
THE REGULATIONS OF THE MINISTRY OF TRANSPORT AND COMMUNICATIONS BECAME AN OBSTACLE TO OPENING UP THE RAILWAY TRANSPORT MARKET
The Competition Council has found that the rules adopted by the Minister of Transport and Communications in 2020, which give freight carriers access to congested railway lines, favour LTG Cargo , a company operating on the market, and discriminate against other companies providing the same services.
COMPETITION COUNCIL DENIES TV3 SHAREHOLDER'S TAKEOVER OF LITHUANIA'S LARGEST RADIO STATION GROUP
All Media Lithuania will not be able to acquire 100% of the shares of three companies that operate the radio stations M-1, M-1 Plus, Lietus, Laluna, Raduga , and the company Reklamos ekspertai . The Competition Council did not clear the transaction after finding that the concentration would create or strengthen a dominant position or...
What benefits does an open, competitive labour market provide, and why shouldn't employers negotiate among themselves regarding employees' working conditions? Answers to these and other questions are provided in the guidance which the Competition Council has sent to the most important organisations that unite employers and employees.
Konkurencijos taryba has decided that the Municipality of Palanga (Municipality) infringed the Law on Competition by transferring the management of a swimming pool and the provision of various types of services, including commercial ones, without a competitive procedure, to its own institution Palangos investicijų valdymas .
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...