THE COMPETITION COUNCIL CHANGES ITS SANCTIONING PRACTICE FOR UNREPORTED BUSINESS TRANSACTIONS
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...
ENEFIT HAS INFRINGED THE LAW BY IMPLEMENTING A TRANSACTION WITHOUT THE CLEARANCE OF THE COMPETITION COUNCIL
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.
ENEFIT MAY HAVE INFRINGED THE LAW BY TAKING OVER CONTRACTS OF EGTO ENERGIJA CUSTOMERS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL
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.
COMPETITION COUNCIL TO REVIEW THE TRANSACTION OF NEWS PORTALS
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 .
REAL ESTATE AGENCIES BELONGING TO THE FRANCHISE NETWORK AGREED TO APPLY A MINIMUM 3 PERCENT COMMISSION FEE TO CLIENTS
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 MINISTRY OF TRANSPORT AND COMMUNICATIONS COMPLIES WITH THE COMPETITION COUNCIL'S OBLIGATION TO AMEND THE RULES APPLICABLE TO RAIL FREIGHT CARRIERS
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.
NEW VISION AND OBJECTIVES IN THE STRATEGY FOR 2024–2029
The Competition Council has confirmed the Strategy for the next five years, which, among other things, announces a new vision and strategic goals and tasks for the Authority.
THE COMPETITION COUNCIL REDUCED THE FINE FOR THE COMPANY ŠVYTURYS-UTENOS ALUS, WHICH ADMITTED TO OBSTRUCTING THE INVESTIGATION
The Competition Council found that Švyturys-Utenos alus had deleted relevant information during the inspection, had not complied with the obligation to provide a copy of the data requested, and thus had hindered the investigation activities of the Authority's officials. As the company admitted that it had violated the Law on Competition by...
OWNER OF DELFI.LT WILL HAVE TO GET PERMISSION FOR A CONCENTRATION FROM THE COMPETITION COUNCIL OR SELL THE SHARES OF LRYTAS
The Competition Council recognised that the Estonian company Ekspress Grupp , which controls the news portal delfi.lt , violated the Law on Competition by acquiring the company Lrytas , which controls the news portal lrytas.lt , without notifying the institution and obtaining its permission.
THE REGULATIONS OF THE MINISTRY OF TRANSPORT AND COMMUNICATIONS BECAME AN OBSTACLE TO OPENING UP THE RAILWAY TRANSPORT MARKET
The Competition Council has found that the rules adopted by the Minister of Transport and Communications in 2020, which give freight carriers access to congested railway lines, favour LTG Cargo , a company operating on the market, and discriminate against other companies providing the same services.
The Competition Council acknowledged that during the inspection carried out in the premises of "Maxima LT", the officials of the institution were not able to fulfil the requirements to review and obtain the necessary information for investigating the suspected violation. A fine of 10,000 Euros was imposed on the retail company for violating the...
The Competition Council found that Oda LT and six companies distributing its skin care products agreed not to sell Oda LT products to consumers at prices lower than those indicated by the manufacturer. For the anticompetitive agreement, fines totalling 217,280 Euros were imposed on the companies Oda LT , Garbanė , GSS Baltic , Permanent...