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THE COMPETITION COUNCIL REDUCES MERGER REVIEW FEES

14 02 2025

The Competition Council has changed the amounts of fees for the examination of notifications of concentration and applications for authorisation to carry out individual concentration actions, considering the costs incurred by the Authority.

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BUSINESS SURVEY: MOST COMPANIES ARE AWARE OF THE REQUIREMENTS OF THE LAW ON COMPETITION, BUT EDUCATION IS STILL NEEDED

05 02 2025

A survey conducted by Spinter Research on behalf of the Competition Council reveals that more than two-thirds of Lithuanian businesses are aware of the main requirements of competition law, such as the prohibition to enter into anti-competitive agreements. Given the continuing need to raise awareness of competition rules, the Authority will...

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THE COMPETITION COUNCIL IDENTIFIES FOUR SECTORS TO PRIORITISE THIS YEAR

08 01 2025

Energy, defence, retail trade, and digital markets – these are the sectors that the Competition Council has designated as priorities for 2025. The Authority plans not only to monitor developments in these markets but also to take proactive investigative and preventive actions, conduct educational initiatives, and collaborate with other...

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RESTRICTED COMPETITION BETWEEN DISTRIBUTORS HAS PREVENTED CONSUMERS FROM GETTING CHEAPER HEAT PUMPS

12 12 2024

The Competition Council found that Iglu Tech , a manufacturer of heat pumps, had 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. As a result, Iglu Tech and its holding company, Unit Invest , were jointly...

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COURT: THE COMPETITION COUNCIL RIGHTLY DETERMINED THAT NOTARIES’ AGREEMENT RESTRICTED COMPETITION

15 11 2024

The Supreme Administrative Court of Lithuania (Court) confirmed the findings of the Competition Council’s investigation, establishing that the Lithuanian Chamber of Notaries restricted competition among notaries and violated both the Competition Law and the Treaty on the Functioning of the European Union (TFEU). An expanded panel of judges,...

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THE COMPETITION COUNCIL WILL NOT INITIATE AN INVESTIGATION INTO THE ACTIONS OF GO3 BALTICS

25 09 2024

The Competition Council has decided not to initiate an investigation into the actions of the company Go3 Baltics , as it would not align with the institution's priority to conduct investigations that significantly contribute to the protection of effective competition, thus ensuring the highest possible consumer welfare.

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RELEVANT COMPETITION LAW ISSUES WERE DISCUSSED AT THE INTERNATIONAL CONFERENCE

16 09 2024

Association activities and the regulation of digital markets were the focus of the traditional Baltic Competition Conference in Vilnius, which brought together competition law, economics and other professionals from several countries in the region.

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THE COMPETITION COUNCIL AND ITS PARTNERS WILL IMPLEMENT A PROJECT ON DIGITAL MARKETS

13 09 2024

The Competition Council, together with the Polish and Latvian competition authorities and the Organisation for Economic Co-operation and Development (OECD), will implement the European Union (EU) technical assistance project "Competition Market Study: Digital Sector – Poland, Latvia and Lithuania" to help ensure competitiveness in the digital...

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THE COMPETITION COUNCIL INVITES TO THE INTERNATIONAL CONFERENCE TO DISCUSS ASSOCIATION ACTIVITIES AND THE SUPERVISION OF DIGITAL MARKETS

21 08 2024

On 12 September, the Competition Council will host the traditional Baltic Competition Conference (BCC), where professionals from the fields of competition law, economics, and other areas will discuss current issues in competition policy, with a particular focus on the regulation of association activities and digital markets.

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THE COMPETITION COUNCIL CHANGES ITS SANCTIONING PRACTICE FOR UNREPORTED BUSINESS TRANSACTIONS

05 08 2024

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...

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THE GUIDELINES OF THE COMPETITION COUNCIL PROVIDE RECOMMENDATIONS FOR E-COMMERCE BUSINESSES

24 07 2024

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.

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ENEFIT MAY HAVE INFRINGED THE LAW BY TAKING OVER CONTRACTS OF EGTO ENERGIJA CUSTOMERS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL

19 06 2024

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.

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