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Saudi Arabian Oil Company will be able to acquire a 22.5% share in Rabigh Refining and Petrochemicals Company (in addition to the 60% it already owns in total) and acquire sole control of the company. The transaction between the two Saudi Arabian companies was cleared by the Competition Council. 

Following the entry into force of the Law on the Supervision of Online Intermediation Services and Online Search Engines, as of 1 January 2025, the Competition Council will take on new supervisory functions for online platforms.

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...

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,...

The Competition Council found that Giantera , the official representative of the Dr. Ohhira brand in Lithuania, and 19 distributors of its products had agreed not to sell food supplements and cosmetic products at prices lower than the supplier's prices, and not to offer discounts and promotions to consumers. The companies were fined a total...

The Competition Council, together with the Polish and Latvian competition authorities and the Organisation for Economic Co-operation and Development (OECD), will implement the European Union (EU) technical assistance project "Competition Market Study: Digital Sector – Poland, Latvia and Lithuania" to help ensure competitiveness in the digital...

A merger or acquisition transaction executed without the approval of the Competition Council is a serious breach of competition law, for which the company implementing the concentration is held liable. In order to ensure that the fines more proportionately reflect the financial capabilities of the offender benefiting from the unreported...

The Competition Council has found that the electricity supply company Enefit infringed the Law on Competition when it entered a transaction with EGTO Energija without notifying the Authority and without obtaining its permission and took over the latter's retail contracts for the supply of electricity to its customers.

The Competition Council has completed its investigation into the implementation of an unnotified concentration and sent a Statement of Objections (SO) to Enefit , an electricity supplier, for a possible infringement of the Law on Competition.

On 15 May 2024, the Competition Council received a notification of concentration from the Estonian company Ekspress Grupp , which operates the news portal delfi.lt , following its acquisition of 100 per cent of the shares of Lrytas .

The Competition Council recognised that the company Capital Realty and 20 real estate agencies that signed a franchise agreement with it agreed to apply a commission fee of not less than 3 percent to clients, thus restricting mutual competition. A total fine of EUR 710,751 was imposed for violating the Law on Competition.

The Competition Council has determined that the Ministry of Transport and Communications has properly implemented its obligation and amended the priority rules for the allocation of capacity in the congested part of the public railway infrastructure in a way that does not contravene the requirements of the Law on Competition.