A weekly news magazine Veidas honoured the best state institutions and civil servants, including the Lithuanian Competition Council.
The Competition Council found that UAB Concretus Materials together with UAB Vilniaus betonas and UAB GG Investment (hereinafter – Companies) failed to provide complete and accurate information for the examination of a merger whereby UAB Concretus Materials intended to acquire up to 51 per cent of AB Akmenės cementas shares.
Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeal by UAB Forum Cinemas (hereinafter – Company) against the Competition Council‘s decision whereby the Company was fined EUR 1 384 300 for concluding an anti-competitive agreement.
The Supreme Administrative Court of Lithuania (hereinafter – Court) rejected the appeals by MAXIMA LT, UAB (hereinafter – MAXIMA LT ) and UAB Mantinga and upheld the Competition Council‘s decision, according to which, the aforementioned companies concluded an anti-competitive agreement.
The Competition Council (KT) has re-launched it‘s official website.
The Competition Council (hereinafter – KT) has submitted its preliminary market study report on reimbursable pharmaceuticals for public consultation. KT experts aimed at finding out if current legal regulation does not create obstacles for pharmaceuticals to enter the market of reimbursable pharmaceuticals and stay in it, and whether competition...
Having evaluated the evidence on the suspected anti-competetive behavior of Lithuanian companies engaged in cement production and trade, the Competition Council (hereinafter – KT) terminated the investigation.
On 6 May 2016, the Competition Council (hereinafter – KT) prohibited a merger whereby in 2014 AS Eesti Meedia acquired 100 per cent of AllePAL OÜ shares. KT found that the merger restricted competition in the Lithuanian markets of classified ads for real estate and vehicles.
The Supreme Administrative Court of Lithuania (Supreme Court) upheld Lithuanian Competition Council‘s (KT) decision that 29 travel agencies used online booking system E-TURAS to concert practices when applying discounts to bookings and thus breached competition law.
The World Bank Group and the International Competition Network (ICN) announced Lithuanian Competition Council among the winners of the 2015-2016 Competition Advocacy Contest
The Competition Council cleared the acquisition of part of the assets, rights and obligations of Danske Bank A/S Lietuvos filialas by AB Swedbank and UAB Swedbank lizingas .
Lithuanian Competition Council (the Council) announced that the new Merger Notification and Examination Procedure (the Merger Procedure) had come into force on 1 January 2016. As of that date, all merger notifications must be submitted in line with the new Merger Procedure.