A HEAT PUMP MANUFACTURER IS SUSPECTED OF PRICE FIXING IN THE RESALE OF ITS PRODUCTS, THEREBY RESTRICTING COMPETITION BETWEEN DISTRIBUTORS
The Competition Council suspects that Iglu Tech , a manufacturer of heat pumps, has restricted competition among its distributors by fixing the resale prices of its products to be charged to the end-users by the companies that distributed heat pumps throughout Lithuania. The Statement of Objections (SO) was also sent to Axioma Servisas , which...
THE COMPETITION COUNCIL CHANGES ITS SANCTIONING PRACTICE FOR UNREPORTED BUSINESS TRANSACTIONS
A merger or acquisition transaction executed without the approval of the Competition Council is a serious breach of competition law, for which the company implementing the concentration is held liable. In order to ensure that the fines more proportionately reflect the financial capabilities of the offender benefiting from the unreported...
COMPANIES SELLING COSMETICS AND PERSONAL CARE PRODUCTS WILL BE ABLE TO CARRY OUT THE TRANSACTION
The Competition Council has authorised Kosmelita to acquire 100% of the shares of Bodybalt , a Latvian company with a branch in Lithuania, and 100% of the shares of Bodybalt , an Estonian company, and to take over the sole control of these companies.
ENEFIT HAS INFRINGED THE LAW BY IMPLEMENTING A TRANSACTION WITHOUT THE CLEARANCE OF THE COMPETITION COUNCIL
The Competition Council has found that the electricity supply company Enefit infringed the Law on Competition when it entered a transaction with EGTO Energija without notifying the Authority and without obtaining its permission and took over the latter's retail contracts for the supply of electricity to its customers.
THE GUIDELINES OF THE COMPETITION COUNCIL PROVIDE RECOMMENDATIONS FOR E-COMMERCE BUSINESSES
In order to contribute to a better understanding of the competition law requirements for businesses in the digital space, the Competition Council has prepared Guidelines on e-commerce, which provide the most relevant information on the prohibition of anti-competitive agreements and recommendations for the e-commerce sector.
THE COMPETITION COUNCIL AND PARTNERS WILL IMPLEMENT AN EU TWINNING PROJECT IN MOLDOVA
A consortium of Lithuanian, Romanian and Polish competition authorities will implement an EU Twinning project in Moldova to strengthen the institutional capacity of the Competition Council of Moldova to implement competition and state aid policy in line with EU best practice.
ENEFIT MAY HAVE INFRINGED THE LAW BY TAKING OVER CONTRACTS OF EGTO ENERGIJA CUSTOMERS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL
The Competition Council has completed its investigation into the implementation of an unnotified concentration and sent a Statement of Objections (SO) to Enefit , an electricity supplier, for a possible infringement of the Law on Competition.
A NOTICE OF SUSPECTED VIOLATION HAS BEEN SENT TO COMPANIES SELLING FOOD SUPPLEMENTS AND COSMETIC PRODUCTS
The Competition Council concluded its investigation and sent a Statement of Objections (SO) to Giantera , a company supplying and distributing food supplements and cosmetics under the brand name Dr. Ohhira , and to other companies distributing these products.
THE INVESTIGATION INTO THE AKMENĖ DISTRICT MUNICIPALITY PROGRAM WILL NOT BE CONTINUED
According to the Competition Council, free healthcare services funded by the Compulsory Health Insurance Fund (CHIF) are considered non-economic activity and thus are not subject to the requirements of the Law on Competition. Consequently, the institution decided to terminate the investigation into doctor incentive program approved by the Akmenė...
THE COMPETITION COUNCIL AND PARTNERS HAVE SUCCESSFULLY IMPLEMENTED THE EU TWINNING PROJECT IN GEORGIA
To mark the end of the two-year European Union (EU) Twinning project in Georgia, the final event of the initiative was held in Tbilisi. It was attended by representatives of the Lithuanian and Austrian institutions that implemented the project, including experts from the Competition Council, the beneficiary – the Georgian Competition and...
COMPETITION COUNCIL TO REVIEW THE TRANSACTION OF NEWS PORTALS
On 15 May 2024, the Competition Council received a notification of concentration from the Estonian company Ekspress Grupp , which operates the news portal delfi.lt , following its acquisition of 100 per cent of the shares of Lrytas .
REAL ESTATE AGENCIES BELONGING TO THE FRANCHISE NETWORK AGREED TO APPLY A MINIMUM 3 PERCENT COMMISSION FEE TO CLIENTS
The Competition Council recognised that the company Capital Realty and 20 real estate agencies that signed a franchise agreement with it agreed to apply a commission fee of not less than 3 percent to clients, thus restricting mutual competition. A total fine of EUR 710,751 was imposed for violating the Law on Competition.