On November 1 amendments to the Law on Competition of the Republic of Lithuania enter into force. These amendments are in line with the ECN+ Directive intended to empower the competition authorities of Member States to be more effective enforcers and ensure the proper functioning of the internal market. More specifically, the Directive aims to...
In relation to the amendments to the Law on Competition adopted by the Seimas, today the Lithuanian competition authority Konkurencijos taryba has updated the Leniency Rules and adopted the Rules on Cooperation with the EU Competition Authorities or Other Counterparts.
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...
The consortium consisting of the Lithuanian competition authority, State Consumer Rights Protection Authority and the Austrian Federal Trade Authority, has been selected to implement jointly the EU Twinning project in Georgia.
Experts from Lithuania, Belgium and other countries finished implementing the EU technical assistance project which aimed to strengthen competition enforcement in Georgia. On 10 January up to 100 guests representing state authorities, business sector, academy and civil society attended the project closing ceremony in Tbilisi and summarized the...
Konkurencijos taryba found that the company Neste Lietuva infringed the Law on Advertising by spreading misleading advertising claims about Neste fuel. The company was fined EUR 8,688.
From July 1 persons who provide evidence enabling Konkurencijos taryba to detect anti-competitive agreements will be entitled to a financial reward. It is hoped that this will encourage the society to take a more active role in reporting to the Lithuanian competition authority cartels or other anti-competitive agreements entered into by the...
From May 1, after the amendments to the Law on Advertising have entered into force, the Lithuanian competition authority Konkurencijos taryba will transfer its functions relating to the supervision of misleading and comparative advertising to the State Consumer Rights Protection Authority (SCRPA).
Today Seimas adopted amendments to the Law on Competition of the Republic of Lithuania. One of the major changes concern the right of the Lithuanian competition authority to remunerate whistleblowers that provide information about anti-competitive agreements.
The Lithuanian competition authority Konkurencijos taryba evaluated the judgement of Vilnius Regional Administrative Court repealling the watchdog‘s decision on a cartel agreement between the Lithuanian Chamber of Notaries and members of its Presidium, and decided to bring an appeal before the Supreme Administrative Court.
The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of 100 per cent of the shares of UAB Nacionalinis bilietų platintojas by the Estonian company Baltic Ticket Holdings .
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.