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The Chairwoman of the Competition Council, Jolanta Ivanauskienė, presented the institution’s 2025 annual report at a meeting of the Seimas Committee on Economy and Innovation and answered questions from members of parliament.

The European Commission (EC) has officially contacted several Lithuanian institutions, informing them that the amendments to the Law on Competition, which entered into force on 1 May of this year and significantly reduce fines for violations of competition law, may be contrary to the provisions of European Union (EU) law. The institutions have...

On 1 May, amendments to the Law on Competition entered into force, reducing the base amount of fines imposed for infringements by half. In this context, the Government approved an updated Rules for Determining the Amount of Fines for Infringement of the Law on Competition.

Today, the Seimas adopted amendments to the Law on Competition (the Law) prepared by business organisations, which halve the base amount of fines imposed on offenders.

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...

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...

The Lithuanian competition authority Konkurencijos taryba has found that the Lithuanian Pharmacy Association (LPA) and 8 pharmaceutical companies agreed on the margins of reimbursable medicines. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union resulted in more than EUR 72 million in fines.

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...

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...

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...

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...

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...