The antitrust and competition law journal and news service Global Competition Review has conducted an annual survey of the world‘s leading competition authorities and for six years in a row gave the Lithuanian Konkurencijos taryba three stars out of five, placing it next to competition agencies from Sweden, Norway, Netherlands or Belgium.
Today Seimas adopted amendments to the Law on Competition which will transpose the provisions of the Directive of the European Parliament and Council into national law, ensuring uniform regulation of the activities of competition authorities across the EU, with regard to such matters as independence, resources, powers and sanctions. The...
Konkurencijos taryba found that UAB Palink , one of the major retail companies in Lithuania, infringed the Law on the Prohibition of Unfair Practices of Retailers (Law) when it required from 7 food and drink suppliers to spend all of their preliminary budget intended for sales promotion activities.
The Supreme Administrative Court of Lithuania (Court) rejected the appeals by the construction company Panevėžio statybos trestas (PST) and company Active Construction Management , previously known as Irdaiva , and upheld the ruling of the court of first instance confirming the fines imposed on the companies for anti-competitive joint bidding.
The Lithuanian competition authority Konkurencijos taryba responded to information on social media and warned travel agencies that their actions may be viewed as anti-competitive when some of them requested travel organizers to include in contracts provisions prohibiting travel agencies from applying discounts for consumers at the expense of...
The Lithuanian competition authority Konkurencijos taryba has launched an investigation into a suspected anti-competitive agreement among the Lithuanian Basketball League (Lietuvos krepšinio lyga – LKL) and basketball clubs after evaluating their exchange of information on the terms of payment of basketball players‘ salaries during the meeting...
Konkurencijos taryba has terminated investigation into the alleged anti-competitive agreement among 7 Lithuanian and Latvian companies engaged in the production and sales of construction, repair and household goods.
Konkurencijos taryba has terminated investigation into the alleged bid-rigging in the public tender for software upgrade and license renewal services among three IT service providers.
After transposing the Antitrust Damages Actions Directive into national law, there has been an increase in the number of antitrust damage cases. Seeking to provide an opportunity for national judges to deepen their knowledge in the enforcement of the European competition law, Konkurencijos taryba is carrying out the project funded by the...
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...
Konkurencijos taryba found that the company Maxima LT infringed the Law on the Prohibition of Unfair Practices of Retailers (Law) by setting requirement for food and drink suppliers to pay fees for sales promotion, and by envisaging fines or compensation for failure to comply with the set obligations.
The Supreme Administrative Court of Lithuania (Court) upheld the decision of Konkurencijos taryba imposing fines on the companies Ecoservice and Marijampolės švara for bid-rigging in the public tender for municipal waste collection and transportation services.