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Today the Lithuanian competition authority Konkurencijos taryba has refused to clear the merger whereby the Estonian company Piletilevi Group acquired 100 per cent of the shares and sole control of the Lithuanian ticket distributor Tiketa. The authority found that the merger created or strengthened a dominant position or substantially...
Having conducted the annual impact assessment of its activities, the Lithuanian competition authority Konkurencijos taryba calculated that direct expected benefits to consumers over the period of 2019–2021 amounted to an average of EUR 15.6 million per year and exceeded the authority’s annual budget 6.2 times.
The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of joint control of InMedica and, indirectly, MediCA klinika , Kardiolita , Bendrosios medicinos praktika and Svalbono klinika by the investment fund INVL Baltic Sea Growth Fund and the companies Litgaja and RP PHARMA on condition that part of the...
The Lithuanian competition authority Konkurencijos taryba has terminated the review of a merger notification under which the Estonian company MM Grupp intended to acquire another Estonian company Forum Cinemas Lithuania , which owns and operates cinemas in the cities of Vilnius, Kaunas, Klaipėda and Šiauliai in Lithuania. Since the merger...
The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of sole control of Mandatum Life Insurance Company Limited life insurance business in Lithuania, Latvia and Estonia by Invalda INVL indirectly through the company INVL Life .
The Lithuanian competition authority Konkurencijos taryba refused to clear the acquisition of 100 per cent of the shares and sole control of SPLIUS by Cgates .
After conducting the monitoring of the implementation of the Law on the Prohibition of Unfair Practices of Retailers (Law), in its report provided to the Government the Lithuanian competition authority Konkurencijos taryba suggested that higher fines should be envisaged for major retailers for their unfair practices to food and drink suppliers.
Lietuvos paštas committed to inform other postal service providers about any pricing changes in advance and not to create any obstacles to its competitors operating in the same market. Konkurencijos taryba decided that these commitments proposed by the company are appropriate and sufficient to eliminate the alleged infringement of the Law on...
Konkurencijos taryba closed the examination of the merger notification regarding the acquisition of 100 per cent of SPLIUS shares and sole control by Cgates.
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.
On October 18 the Competition Council cleared the acquisition of 100 per cent of UAB Palink ( PALINK ) shares and control by UAB Rimi Lietuva ( RIMI ) on condition that RIMI will sell part of its business related to retail trade.