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COMPETITION LAW EXPERTS MET IN RIGA AT BALTIC COMPETITION CONFERENCE
18 11 2022

On 14 and 15 November the 18th Baltic Competition Conference was held and this time it was dedicated to the 30th anniversary of the Competition Council of Latvia. In the conference the special attention was paid to involvement of public administrative bodies - state and local governments – in business, as well as challenges of competition law of...

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PROCEDURE FOR SETTING FINES FOR COMPETITION LAW INFRINGEMENTS HAS BEEN IMPROVED
09 11 2022

Today the Lithuanian Government adopted a resolution approving the description of the procedure for setting fines for infringements of the Law on Competition. A more detailed regulation of the methodology for setting fines, which will apply from 1 May 2023, will result in fewer preconditions for disputes in courts concerning the amount of fines...

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KONKURENCIJOS TARYBA HOSTED TRADITIONAL MEETING OF HEADS OF BALTIC COMPETITION AUTHORITIES IN VILNIUS
06 10 2022

On October 6, heads of the Lithuanian, Latvian and Estonian competition authorities met in Vilnius to discuss current competition law issues, including the review of business transactions covering all three Baltic states, as well as possible joint activities in the context of rising energy and other commodities prices caused by Russia‘s war in...

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LAUNCH OF THE EU TWINNING PROJECT STRENGTHENING CAPACITY OF THE COMPETITION AGENCY OF GEORGIA
29 09 2022

29 September 2022, Tbilisi . The launch event of the new EU-funded Twinning project “Strengthening Capacity of the Competition Agency of Georgia“ was held at Tbilisi Marriott hotel. The project aims to assist Georgia to align the normative and legal framework of the Competition Agency of Georgia with the Union acquis and other good international...

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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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WILL COMPETITION BE OUTWEIGHED BY REGULATION? ANSWERS TO THIS QUESTION WILL BE PROVIDED DURING INTERNATIONAL COMPETITION LAW CONFERENCE IN VILNIUS
20 09 2022

On 7 October 2022 the Lithuanian competition authority Konkurencijos taryba is organising an international conference to mark its 30 th anniversary.

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JOINT STATEMENT BY EUROPEAN COMPETITION NETWORK ON APPLICATION OF COMPETITION LAW IN CONTEXT OF WAR IN UKRAINE
21 03 2022

We, the ECN, join the European Council in its statement of 24 February 2022 (link), to condemn in the strongest possible terms Russia’s unprecedented military aggression against Ukraine. We stand firmly by Ukraine and its people as they face this war. We are fully aware of the social and economic consequences for Ukraine as well as for the EU/EEA.

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LITHUANIAN AND LATVIAN COMPETITION AUTHORITIES LAUNCH ONLINE MARKETPLACES MONITORING TO UNDERSTAND SECTOR AND POTENTIAL RESTRICTIONS OF COMPETITION
16 03 2022

Considering the development of e-commerce in recent years, the Lithuanian and Latvian competition authorities are launching parallel business surveys in their countries seeking to find out whether businesses encounter any possible restrictions of competition in online marketplaces and to identify common problems that are relevant for companies...

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STUDY REVEALS THAT LITHUANIAN BUSINESSES’ NEED FOR COMPETITION ADVOCACY REMAINS HIGH
13 01 2022

The study of the Lithuanian businesses’ understanding of the rights and obligations established in the Law on Competition has revealed that although many interviewed companies are aware of the main competition law principles, there is a lack of knowledge about the application of certain law provisions, liability for infringements and the...

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BY AGREEING NOT TO PAY PLAYERS’ SALARIES LITHUANIAN BASKETBALL LEAGUE AND ITS CLUBS INFRINGED COMPETITION LAW
18 11 2021

The Lithuanian competition authority Konkurencijos taryba found that the Lithuanian Basketball League ( Lietuvos krepšinio lyga – LKL) and 10 basketball clubs concluded an anti-competitive agreement when they decided not to pay basketball players salaries or other financial remuneration for the rest of the season after the termination of the...

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NETWORK OF EUROPEAN COMPETITION AUTHORITIES MARKS TWENTIETH ANNIVERSARY IN ROME
27 09 2021

The meeting of the European Competition Authorities, informal network that gathers together the European antitrust authorities, has marked the twentieth anniversary of its establishment in Rome.

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