The Lithuanian competition authority Konkurencijos taryba responded to information on social media and warned travel agencies that their actions may be viewed as anti-competitive when some of them requested travel organizers to include in contracts provisions prohibiting travel agencies from applying discounts for consumers at the expense of...
After conducting the monitoring of the implementation of the Law on the Prohibition of Unfair Practices of Retailers (Law), in its report provided to the Government the Lithuanian competition authority Konkurencijos taryba suggested that higher fines should be envisaged for major retailers for their unfair practices to food and drink suppliers.
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.
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...
Which public services should be provided by state and municipal companies and which should be entrusted to private companies? These questions were raised by participants of the international conference “Do We Need Competition in Public Services”. The event, which took place on September 16 in Vilnius, was organized by Konkurencijos taryba in...
The Supreme Administrative Court of Lithuania upheld the decision of the Lithuanian competition authority Konkurencijos taryba imposing fines for bid-rigging in the public procurement on the companies Elmis , Ledevila and Vortex Capital .
The Lithuanian Competition Council closed the investigation into the compliance of Swedbank actions with the requirements of the Law on Competition upon Swedbank submitting written commitments suitable for the elimination of the alleged competition law breach and creating preconditions to avoid it in the future.
The Competition Council found that the Lithuanian Chamber of Notaries and members of its Presidium concluded an anti-competitive agreement by setting the amount of notary fees and agreeing upon their calculation procedure. The Council imposed EUR 88,400 fine on the Lithuanian Chamber of Notaries, and fines ranging from EUR 100 to EUR 20,800 on eight members of the Presidium for the infringements of the Law on Competition and the Treaty of the Functioning of the European Union.
The Competition Council reported that UAB Rimi Lietuva (RIMI) failed to implement merger remedies which the authority approved as a condition when clearing the acquisition by RIMI of 100 per cent shareholding and sole control of UAB Palink ( PALINK ).
The Competition Council concluded that Vienna Insurance Group (VIG) properly implemented the remedies concerned with the divestiture of business related to international carriers‘ compulsory motor vehicle third party liability (MTPL) insurance in Lithuania.
The Competition Council found that UAB Norvesta and the German company Sypra concluded a cartel agreement while participating in the radioactive scrap metal auction conducted by Ignalina nuclear power plant, and thus were fined EUR 27,500 and EUR 27,100 respectively.