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ARMENIAN COMPETITION PROTECTION COMMISSION GOT ACQUAINTED WITH BEST PRACTICES OF LITHUANIAN COUNTERPARTS AND OTHER INSTITUTIONS
12 09 2022

On 6–9 September experts from the Armenian Competition Protection Commission participated in a study visit to the Lithuanian competition authority Konkurencijos taryba, as well as to other institutions, and got acquainted with their activities and practice of international cooperation.

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1 EURO ALLOCATED TO KONKURENCIJOS TARYBA BROUGHT 6.2 EUROS OF DIRECT EXPECTED BENEFITS TO CONSUMERS
04 03 2022

Having conducted the annual impact assessment of its activities, the Lithuanian competition authority Konkurencijos taryba calculated that direct expected benefits to consumers over the period of 2019–2021 amounted to an average of EUR 15.6 million per year and exceeded the authority’s annual budget 6.2 times.

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STUDY REVEALS THAT LITHUANIAN BUSINESSES’ NEED FOR COMPETITION ADVOCACY REMAINS HIGH
13 01 2022

The study of the Lithuanian businesses’ understanding of the rights and obligations established in the Law on Competition has revealed that although many interviewed companies are aware of the main competition law principles, there is a lack of knowledge about the application of certain law provisions, liability for infringements and the...

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SUPREME ADMINISTRATIVE COURT OF LITHUANIA: PROTECTION OF LEGAL PROFESSIONAL PRIVILEGE IS NOT ABSOLUTE
10 05 2021

The Supreme Administrative Court of Lithuania (Court) rejected the appeal of the company AV investicija and left unchanged the ruling of the court of first instance declaring that the Lithuanian competition authority was right in not applying the protection of legal professional privilege (LPP) to correspondence between two companies and their...

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1 EURO ALLOCATED TO KONKURENCIJOS TARYBA BROUGHT 8 EUROS OF DIRECT EXPECTED BENEFITS TO CONSUMERS
15 02 2021

Having conducted the annual impact assessment of its activities, the Lithuanian competition authority Konkurencijos taryba calculated that direct expected benefits to consumers over the period of 2018–2020 amounted to an average of EUR 19.3 million per year and exceeded the authority’s annual budget 8 times.

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LITHUANIAN COMPETITION AUTHORITY TERMINATES INVESTIGATION INTO REAL ESTATE ADS PRICES
30 12 2020

The Lithuanian competition authority Konkurencijos taryba has terminated the investigation into the actions of Diginet LTU , the owner of classified real estate ads websites, without finding that the company abused its dominant market position by way of charging unfair prices to customers.

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SUPREME ADMINISTRATIVE COURT OF LITHUANIA IMPOSED STRICTER FINES ON MANAGERS OF CARTEL FIRMS
20 12 2019

The Supreme Administrative Court of Lithuania (Court) partially satisfied the request of Konkurencijos taryba and restricted the right of Justinas Vanagas, manager of the firm VšĮ Media medis and Aušrinė Jurgelionytė, manager of Ministerium, to occupy managerial positions for 6 months and respectively imposed EUR 4,000 and EUR 2,000 fines for...

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COURT IMPOSED SANCTIONS ON MANAGERS OF CARTELISTS
11 10 2019

Vilnius Regional Administrative Court (Court) partially upheld the request of Konkurencijos taryba and restricted the right of D. L., manager of the company Ledevila , Ž. K., former manager of Elmis , and L. K., former manager of Vortex Capital , to occupy managerial positions in the public or private sector for their involvement in...

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MANAGER DISQUALIFIED AFTER THE COMPANY HAS BEEN HELD LIABLE FOR ANTITRUST VIOLATION
04 07 2019

Vilnius Regional Administrative Court (Court) satisfied the request of Konkurencijos taryba to impose personal liability on the former manager of Žagarės inžinerija for his direct involvement in the anti-competitive agreement between his firm and its competitor. The Court decided to restrict the right of the company’s manager to occupy...

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NON-COMPLIANCE WITH COURT DECISION RESULTED IN FINE FOR COMPANY‘S MANAGER
31 01 2019

The District Court of Vilnius imposed a fine of almost EUR 500 on V. M. for failure to leave the managerial position in a company that was involved in a cartel agreement.

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THREE PERSONS RESTRICTED OF THE RIGHT TO OCCUPY MANAGERIAL POSITIONS
07 05 2018

The Competition Council informed the Centre of Registers, which is responsible for administering the Register of Legal Entities, that Vilnius Regional Administrative Court restricted the right of Vitalijus Mukovozas, Manager of Baltic Transport Service , Andrejus Falevičius, Manager of Convertus and Gediminas Ivanauskas, Manager of Gedarta...

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MANAGERS OF COLLUDING FIRMS FACE SANCTIONS
03 04 2018

Vilnius Regional Administrative Court (Court) upheld the Competition Council’s request to restrict the right of V. M. of Baltic Transport Service , A. F. of Convertus and G. I. of Gedarta to be the managers of a public or private legal person. It has been the first time when the Court imposed a sanction on the managers of the undertakings...

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