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SUPREME ADMINISTRATIVE COURT OF LITHUANIA UPHOLDS ALMOST 1 M FINE FOR UNNOTIFIED MERGER
17 01 2020

The Supreme Administrative Court of Lithuania (Court) rejected the claim of the company Kauno grūdai confirming EUR 947,700 fine imposed on it for an unnotified merger.

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KONKURENCIJOS TARYBA CLEARS ACQUISITION BY AUTOMOTIVE SALES COMPANIES
13 01 2020

Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of the Estonian company  Veho Eesti AS by the Finnish-based firm  Auto-Bon Oy .

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KONKURENCIJOS TARYBA FINISHED ALMOST A THREE-YEAR LONG PROJECT IN GEORGIA
13 01 2020

Experts from Lithuania, Belgium and other countries finished implementing the EU technical assistance project which aimed to strengthen competition enforcement in Georgia. On 10 January up to 100 guests representing state authorities, business sector, academy and civil society attended the project closing ceremony in Tbilisi and summarized the...

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SUPREME ADMINISTRATIVE COURT OF LITHUANIA IMPOSED STRICTER FINES ON MANAGERS OF CARTEL FIRMS
20 12 2019

The Supreme Administrative Court of Lithuania (Court) partially satisfied the request of Konkurencijos taryba and restricted the right of Justinas Vanagas, manager of the firm VšĮ Media medis and Aušrinė Jurgelionytė, manager of Ministerium, to occupy managerial positions for 6 months and respectively imposed EUR 4,000 and EUR 2,000 fines for...

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MORE AND MORE STATE AID IS GRANTED IN LITHUANIA
26 11 2019

Having summarized information received from the European Commission, Konkurencijos taryba prepared a report on state aid granted in Lithuania in 2018.

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KONKURENCIJOS TARYBA CLEARS ACQUISITION BY LATVIAN COMPANY
12 11 2019

Konkurencijos taryba cleared the acquisition of joint control of UAB Taikos centras by the Latvian company  New Bumani Invest and Raimundas Petrikas.

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OWNER OF SHOPPING MALLS RECEIVES MERGER CLEARANCE
12 11 2019

Konkurencijos taryba cleared the acquisition of 100 per cent of FORUMAS shares and sole control by Deka Immobilien Investment GmbH , member of the German group of companies Deka Group . Indirectly through FORUMAS the German company will also acquire 100 per cent of the shares and sole control of FORUMAS 1 , FORUMAS 2 , FORUMAS 3 and...

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M. AUGUSTINAVIČIENĖ STARTS HER TENURE IN KONKURENCIJOS TARYBA 
11 11 2019

Today Medeina Augustinavičienė has started her six-year tenure as a Council Member in Konkurencijos taryba. M. Augustinavičienė was appointed by Gitanas Nausėda, President of the Republic of Lithuania, upon the proposal of the Prime Minister Saulius Skvernelis.

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CAR TRADING COMPANIES RECEIVE MERGER CLEARANCE 
05 11 2019

Konkurencijos taryba cleared the acquisition of vehicle trading business of Estonian Aktsiaselts Silberauto, Silberauto Estonia AS, Silwi Autoehituse Aktsiaselts and Lithuanian Silberauto by the Finland-based firm Veho Oy Ab .

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COURT DID NOT REDUCE FINES FOR CARTEL FIRMS
15 10 2019

The Supreme Administrative Court of Lithuania (Court) upheld the decision of Konkurencijos taryba imposing fines on the companies Ecoservice and Marijampolės švara for bid-rigging in the public tender for municipal waste collection and transportation services.

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COURT IMPOSED SANCTIONS ON MANAGERS OF CARTELISTS
11 10 2019

Vilnius Regional Administrative Court (Court) partially upheld the request of Konkurencijos taryba and restricted the right of D. L., manager of the company Ledevila , Ž. K., former manager of Elmis , and L. K., former manager of Vortex Capital , to occupy managerial positions in the public or private sector for their involvement in...

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NETHERLANDS-BASED COMPANY ACQUIRES BIOFUEL PRODUCER
11 10 2019

Konkurencijos taryba cleared the acquisition of 69 per cent of UAB Pusbroliai shares and sole control by the Netherlands-based company  Genopas B. V.

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