On March 30 the Supreme Administrative Court of Lithuania (Court) has approved settlement agreements between the Lithuanian competition authority Konkurencijos taryba and the companies Jadrana and Pasvalio melioracija in which EUR 18,720 and EUR 151,430 respective individual fines assigned to the infringers for a cartel agreement have been...
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...
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 found that the Lithuanian Basketball League ( Lietuvos krepšinio lyga – LKL) and 10 basketball clubs concluded an anti-competitive agreement when they decided not to pay basketball players salaries or other financial remuneration for the rest of the season after the termination of the...
The Lithuanian competition authority Konkurencijos taryba has decided to close the infringement proceedings into an alleged anti-competitive agreement between the firms Vilniaus energija and Bionovus (its successor was First Opportunity , a company registered in Estonia and later liquidated), in the biofuel market.
Irma Urmonaitė, Council Member of the Lithuanian competition authority, has been appointed Deputy Chairwoman starting from 20 September.
Today Irma Urmonaitė has started her six-year tenure as a Council Member in the Lithuanian competition authority. She was appointed by Gitanas Nausėda, President of the Republic of Lithuania, in line with the Constitution, the Law on Competition and upon the proposal of the Prime Minister Ingrida Šimonytė.
Today, the President of the Republic of Lithuania Gitanas Nausėda, in accordance with the Constitution, the Law on Competition and taking into account the proposal of Prime Minister Ingrida Šimonytė, signed a decree appointing Irma Urmonaitė as a member of Konkurencijos taryba. She will take up her duties from 10 September.
The Lithuanian competition authority’s experts expressed doubts whether the obligation for all operators acting in Lithuania to share radio frequencies of the 700 MHz band, which will be the main (or one of the main) frequencies for the development of 5G technology, would be necessary and proportionate to the objectives pursued.
Today Karina Kučaidze has started her six-year tenure as a Council Member in the Lithuanian competition authority. She has been appointed by Gitanas Nausėda, President of the Republic of Lithuania, in line with the Constitution, the Law on Competition and upon the proposal of the Prime Minister Ingrida Šimonytė.
The Lithuanian competition authority‘s Council Member and Deputy Chairwoman Dina Lurje will leave the office on June 15 and will continue her professional career in the private sector.