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LITHUANIAN COMPETITION AUTHORITY UPDATES RULES ON IMMUNITY FROM FINES OR THEIR REDUCTION AND ADOPTS RULES ON COOPERATION WITH EU COUNTERPARTS
31 07 2020

In relation to the amendments to the Law on Competition adopted by the Seimas, today the Lithuanian competition authority Konkurencijos taryba has updated the Leniency Rules and adopted the Rules on Cooperation with the EU Competition Authorities or Other Counterparts. 

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EUROPEAN COMMISSION AND EU COMPETITION AUTHORITIES ENCOURAGE COMPANIES TO SEEK GUIDANCE ON COOPERATION INITIATIVES
30 03 2020

Businesses are currently facing particular challenges due to the coronavirus crisis, which may encourage companies to cooperate with each other in order to overcome the negative consequences to the benefit of consumers, for example by ensuring the supply of scarce products.

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KONKURENCIJOS TARYBA HAS BEEN SELECTED TO IMPLEMENT TWINNING PROJECT IN GEORGIA
03 03 2020

The consortium consisting of the Lithuanian competition authority, State Consumer Rights Protection Authority and the Austrian Federal Trade Authority, has been selected to implement jointly the EU Twinning project in Georgia.

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KONKURENCIJOS TARYBA WILL IMPLEMENT TWINNING PROJECT IN UKRAINE
26 02 2020

Konkurencijos taryba was awarded a contract to implement the EU Twinning project in Ukraine. It will be the first time when Lithuania will implement the project in the role of the project leader rather than a junior partner.

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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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COMPANIES FINED FOR OBSTRUCTING INVESTIGATION
26 09 2019

Konkurencijos taryba found the companies Būsto aplinka and Mano Būsto priežiūra guilty of obstructing the authority‘s officials in carrying out inspection and obtaining documents relevant for the investigation. The companies were fined a total of EUR 1,074,416.

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KONKURENCIJOS TARYBA SUCCESSFULLY COMPLETED INTERNATIONAL DEVELOPMENT PROJECT IN UKRAINE
01 04 2019

The Lithuanian competition authority Konkurencijos taryba and the German Federal Ministry for Economic Affairs and Energy successfully completed the European Union Twinning Project in Ukraine.

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INSURANCE COMPANY IMPLEMENTED MERGER REMEDIES PROPERLY
13 04 2018

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.

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ATTEMPT TO BRIBE EMPLOYEE OF LITHUANIAN COMPETITION COUNCIL RESULTED IN CUSTODIAL SENTENCE
09 01 2018

Vilnius County Court acknowledged D. J. guilty of an attempt to bribe an employee of the Lithuanian Competition Council and sentenced him to a suspended sentence of two years in prison, as well as imposed a fine of EUR 7,532.

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COMPETITION COUNCIL: JOINT BIDDING OF TWO CONSTRUCTION FIRMS RESTRICTED COMPETITION
21 12 2017

The Competition Council found that joint bids submitted by two Lithuanian construction firms UAB Irdaiva and AB Panevėžio statybos trestas (PST) restricted competition “by object”, in breach of Article 5 of the Law on Competition (national equivalent of Article 101 TFEU), as both firms could have bid separately. The fines imposed on firms...

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COMPETITION COUNCIL’S GUIDEBOOK – MOST INOVATIVE SOFT LAW WORLDWIDE
29 03 2017

In Antitrust Writing Awards 2017 the Competition Council’s guidebook “Cooperation with public institutions: how to reduce the risks of competition law infringement?” (Guidebook) received an award for the most innovative soft law in the cross-border category. The Guidebook was assessed by 50 international antitrust experts.

COMPETITION COUNCIL STRENGTHENED ADMINISTRATIVE CAPACITIES OF THE EGYPTIAN COMPETITION AUTHORITY
24 03 2017

March 20 marked the end of the EU Twinning Project on building the administrative capacities of the Egyptian Competition Authority (ECA). The Lithuanian Competition Council participated in the 2-year-long project together with the German Competition Authority.

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