The Lithuanian Competition Council closed the investigation into the compliance of Swedbank actions with the requirements of the Law on Competition upon Swedbank submitting written commitments suitable for the elimination of the alleged competition law breach and creating preconditions to avoid it in the future.
The Supreme Administrative Court of Lithuania rejected the appeal by UAB Forum Cinemas against the Competition Council’s decision whereby the company was fined EUR 1,384,300 for fixing prices of cinema tickets as part of two separate cartel agreements.
Vilnius Regional Administrative Court (the Court) upheld Competition Council‘s decision according to which two Lithuanian construction companies Panevėžio statybos trestas (PST) and Irdaiva were fined for anti-competitive agreement.
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...
The Competition Council found that the Lithuanian Chamber of Notaries and members of its Presidium concluded an anti-competitive agreement by setting the amount of notary fees and agreeing upon their calculation procedure. The Council imposed EUR 88,400 fine on the Lithuanian Chamber of Notaries, and fines ranging from EUR 100 to EUR 20,800 on eight members of the Presidium for the infringements of the Law on Competition and the Treaty of the Functioning of the European Union.
The Competition Council concluded that Vienna Insurance Group (VIG) properly implemented the remedies concerned with the divestiture of business related to international carriers‘ compulsory motor vehicle third party liability (MTPL) insurance in Lithuania.
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 Lithuanian Competition Council‘s advocacy efforts received international recognition in the Antitrust Writing Awards . The Guidelines on Anti-Competitive Agreements and Bid Rigging in Public Procurement prepared by the Council‘s experts have been voted as one of the five Most Innovative 2017 Soft Laws in the world.
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...
The security company G4S Lietuva (G4S) has failed in trying to reopen the proceedings against the Competition Council’s decision imposing the fine on the company for anti-competitive agreements in the market of cash-handling services.
The Supreme Administrative Court of Lithuania (Court) rejected the appeals by Panevėžys City Municipality and the company Panevėžys specialus autotransportas and upheld the Lithuanian Competition Council’s decision, according to which the Municipality was found to have breached the Law on Competition by authorising its company to provide municipal waste management services without a competitive procedure.
Vilnius County Court acknowledged D. J. guilty of an attempt to bribe an employee of the Lithuanian Competition Council and sentenced him to a suspended sentence of two years in prison, as well as imposed a fine of EUR 7,532.