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...
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...
Konkurencijos taryba found that companies Pasvalio melioracija , Jadrana , Panevėžio melioracija and Biržų ranga concluded a bid-rigging cartel: cartelists colluded their actions and bids, including bid price, and agreed in advance on the winner of the tender. Konkurencijos taryba fined these companies a total of EUR 977,900.
The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of UAB Keturi kambariai which manages the coffehouse chain Caffeine by the Norwegian company Reitan Convenience .
The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent of UAB Pardavimo automatai shares and sole control by the Latvian company Baltic Coffee Holding .
Vilnius Regional Administrative Court (Court) rejected a complaint by one of the occasion wear shops which was involved in a cartel that set a fixed dress try-on fee. The Court upheld the Council’s decision imposing a fine on the firm for the infringement of the Law on Competition.
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 found a number of occasion wear shops operating in Vilnius guilty of a cartel that set a fixed dress try-on fee for customers. Firms received fines ranging from EUR 1 to EUR 1,960, with seven out of 12 cartel members admitting the infringement.
The Supreme Administrative Court of Lithuania (hereinafter – Court) upheld the Lithuanian Competition Council’s decision of December 12, 2014 whereby UAB AMIC Lietuva (former UAB Lukoil Baltija ) received a fine of EUR 3 297 700.