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FOUR PRIORITY SECTORS UNDER THE COMPETITION COUNCIL'S SPOTLIGHT

18 01 2024

The Competition Council has decided to focus its attention on the energy, health (including pharmaceuticals), retail trade and digital markets sectors in 2024.

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COMPETITION COUNCIL DENIES TV3 SHAREHOLDER'S TAKEOVER OF LITHUANIA'S LARGEST RADIO STATION GROUP

19 09 2023

All Media Lithuania will not be able to acquire 100% of the shares of three companies that operate the radio stations M-1, M-1 Plus, Lietus, Laluna, Raduga , and the company Reklamos ekspertai . The Competition Council did not clear the transaction after finding that the concentration would create or strengthen a dominant position or...

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THE COMPANY KAUNO LIFTAI WILL BE ABLE TO CARRY OUT THE MERGER
27 07 2023

The Competition Council has allowed Kauno Liftai to carry out the concentration after acquiring 100% of the shares of Baltijos Liftai and Šiaulių Liftas companies. The clearance was granted following a commitment by Kauno Liftai to divest part of its business and thus restore effective competition in the market for maintenance and repair...

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LITHUANIAN COMPETITION AUTHORITY HOLDS HIGH POSITIONS AMONG WORLD’S COMPETITION AUTHORITIES
21 09 2022

The competition law journal and news service Global Competition Review, which conducts an annual ranking of the world‘s competition authorities, gave the Lithuanian competition authority Konkurencijos taryba three stars of five for eight years in a row. Competition authorities from Belgium, Latvia, Poland, Switzerland and some other countries...

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LATVIAN FIRM DOBELES DZIRNAVNIEKS DOES NOT RECEIVE PERMISSION TO ACQUIRE LITHUANIAN COMPANY BALTIC MILL
26 08 2022

T oday t he Lithuanian competition authority Konkurencijos taryba r efused t o clear the acquisition of 1 00 per cent of the s hares and sole control of the Lithuanian company B altic M ill by the L atvian firm D obeles d zirnavnieks . The a uthority f ound t hat t he merger w ould c reate o r s trengthen the...

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MERGER BETWEEN PILETILEVI GROUP AND TIKETA RESTRICTED COMPETITION
14 06 2022

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...

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1 EURO ALLOCATED TO KONKURENCIJOS TARYBA BROUGHT 6.2 EUROS OF DIRECT EXPECTED BENEFITS TO CONSUMERS
04 03 2022

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.

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MERGER IN HEALTHCARE SECTOR CLEARED SUBJECT TO COMMITMENTS
15 11 2021

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...

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LITHUANIAN COMPETITION AUTHORITY TERMINATES MERGER REVIEW PROCESS IN CINEMA MARKET
15 10 2021

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...

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INVALDA INVL RECEIVES PERMISSION TO ACQUIRE LIFE INSURANCE BUSINESS IN BALTIC STATES
07 10 2021

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 .

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CGATES DOES NOT GET PERMISSION TO ACQUIRE ITS COMPETITOR SPLIUS
25 06 2021

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 .

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