MONIKA RAŽUKAITĖ BEGINS HER TERM AS A MEMBER OF THE COMPETITION COUNCIL
Today, Monika Ražukaitė took up her position as a member of the Competition Council. She was appointed to the Competition Council for the tenure of six years by President Gitanas Nausėda, in accordance with the Constitution, the Law on Competition, and considering the nomination submitted by Prime Minister Inga Ruginienė.
SEIMAS APPROVED REDUCTION OF FINES FOR VIOLATIONS 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.
PETROL STATION NETWORK OPERATOR EMSI SUSPECTED OF VIOLATING COMPETITION LAW
The Competition Council has completed its investigation into the suspected implementation of unnotified mergers and has sent the Statement of Objections to the petrol station network operator Emsi .
INFRINGEMENT IDENTIFIED BY THE COMPETITION COUNCIL MAY DETER ALMOST HALF A HUNDRED POTENTIAL VIOLATIONS
The Competition Council's activities bring not only direct but also indirect benefits to consumers. The latter manifest itself through the deterrent effect of the institution's decisions, when companies, aware of the investigations being conducted and possible sanctions, refrain from illegal actions or cease them. Surveys of businesses and...
PARLIAMENT APPROVES AMENDMENTS TO THE COMPETITION LAW
Today, the Seimas has adopted amendments to the Law on Competition related to the consultative function of the Competition Council and the procedure for the collection of fines and interest to the state budget in cases when the decision of the Authority is appealed to the court.
COMPETITION COUNCIL RECOMMENDS WAYS TO PROMOTE COMPETITION IN THE ELECTRIC VEHICLE CHARGING SECTOR
The Competition Council, after monitoring the electric vehicle (EV) charging sector, has issued recommendations to municipalities as well as the Ministry of Transport and Communications and the Ministry of Energy on how to promote effective competition and avoid possible negative consequences for consumers in the future.
COMPETITION COUNCIL EXPERTS SHARED THEIR EXPERIENCE WITH COLLEAGUES FROM MONTENEGRO
A two-day study visit of representatives from Montenegro's Competition Protection Agency has concluded today. During the visit, guests became familiar with the latest working practices of the Competition Council, its key operational principles, and engaged in discussions on topics relevant to both institutions.
THE COMPETITION COUNCIL REDUCES MERGER REVIEW FEES
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.
BUSINESS SURVEY: MOST COMPANIES ARE AWARE OF THE REQUIREMENTS OF THE LAW ON COMPETITION, BUT EDUCATION IS STILL NEEDED
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...
THE COMPETITION COUNCIL IDENTIFIES FOUR SECTORS TO PRIORITISE THIS YEAR
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...
RESTRICTED COMPETITION BETWEEN DISTRIBUTORS HAS PREVENTED CONSUMERS FROM GETTING CHEAPER HEAT PUMPS
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...
COURT: THE COMPETITION COUNCIL RIGHTLY DETERMINED THAT NOTARIES’ AGREEMENT RESTRICTED COMPETITION
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,...