GDPR

Processing of your personal data

This website might use cookies or other personal data for the purposes of the functioning of the website. Some of these cookies are mandatory, while the other ones only help us to improve your browsing experience and get information on how the website is used.

Privacy message

All news

Filter by:
businessman-separates-wooden-puzzle-with-picture-money2.jpg

THE COMPETITION COUNCIL CHANGES ITS SANCTIONING PRACTICE FOR UNREPORTED BUSINESS TRANSACTIONS

05 08 2024

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...

strategijai2.png

NEW VISION AND OBJECTIVES IN THE STRATEGY FOR 2024–2029

01 02 2024

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.

cosmetics-mock-up-template.jpg
PRICE FIXING BETWEEN COSMETIC MANUFACTURERS AND THEIR DISTRIBUTORS PREVENTED CONSUMERS FROM GETTING CHEAPER PRODUCTS
27 07 2023

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...

Atmintinė ENG 1.png
WHEN EMPLOYERS DO NOT COMPETE, BOTH EMPLOYEES AND CONSUMERS ARE AFFECTED
23 06 2023

What benefits does an open, competitive labour market provide, and why shouldn't employers negotiate among themselves regarding employees' working conditions? Answers to these and other questions are provided in the guidance which the Competition Council has sent to the most important organisations that unite employers and employees.

IMG_4539.jpeg
EXPERTS OF KONKURENCIJOS TARYBA SHARED EXPERIENCE WITH COLLEAGUES FROM UKRAINE
20 01 2023

On 16–20 January employees of the Anti-monopoly Committee of Ukraine took part in a study visit in Lithuania during which they participated in meetings with experts from the competition authority Konkurencijos taryba, Vilnius Regional Administrative Court, as well as from the Communications Regulatory Authority, and learned about the working...

NT.jpg
REAL ESTATE AGENCIES AGREED NOT TO COMPETE FOR CLIENTS AND EMPLOYEES
29 12 2022

The Lithuanian competition authority Konkurencijos taryba has established that the Lithuanian Association of Real Estate Agencies (LAREA) and its 39 members agreed not to solicit each other's clients and brokers, and thus restricted competition. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union...

farm.jpg
PHARMACEUTICAL COMPANIES AGREED ON MARGINS OF REIMBURSABLE MEDICINES
13 12 2022

The Lithuanian competition authority Konkurencijos taryba has found that the Lithuanian Pharmacy Association (LPA) and 8 pharmaceutical companies agreed on the margins of reimbursable medicines. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union resulted in more than EUR 72 million in fines.

537.jpg
PROCEDURE FOR SETTING FINES FOR COMPETITION LAW INFRINGEMENTS HAS BEEN IMPROVED
09 11 2022

Today the Lithuanian Government adopted a resolution approving the description of the procedure for setting fines for infringements of the Law on Competition. A more detailed regulation of the methodology for setting fines, which will apply from 1 May 2023, will result in fewer preconditions for disputes in courts concerning the amount of fines...

Lithuania's Competition Council (755 × 475 px).png
LITHUANIAN COMPETITION AUTHORITY HOLDS HIGH POSITIONS AMONG WORLD’S COMPETITION AUTHORITIES
21 09 2022

The competition law journal and news service Global Competition Review, which conducts an annual ranking of the world‘s competition authorities, gave the Lithuanian competition authority Konkurencijos taryba three stars of five for eight years in a row. Competition authorities from Belgium, Latvia, Poland, Switzerland and some other countries...

5269_7c60c83ba3a5d79425559eff0637084d.jpg
CARTELISTS HAVE BEEN ASSIGNED INDIVIDUAL SANCTIONS  
01 06 2022

The Lithuanian competition authority Konkurencijos taryba assigned individual sanctions to the companies Būsto aplinka and City Service Engineering which concluded a bid-rigging cartel.  

5220_0ce3e9de206acf973dd5f106f59eabd5.jpg
DISPUTE OVER FINES TO CARTELISTS SETTLED IN COURT
31 03 2022

On March 30 the Supreme Administrative Court of Lithuania (Court) has approved settlement agreements between the Lithuanian competition authority Konkurencijos taryba and the companies Jadrana and Pasvalio melioracija in which EUR 18,720 and EUR 151,430 respective individual fines assigned to the infringers for a cartel agreement have been...

business-861325_1920.jpg
KONKURENCIJOS TARYBA ASSIGNS INDIVIDUAL SANCTIONS TO INFRINGERS IN OBSTRUCTION CASE
31 03 2022

The Lithuanian competition authority Konkurencijos taryba assigned individual sanctions to the companies Būsto aplinka and Mano Būsto priežiūra which obstructed the inspection conducted by the authority’s officials.

Items
per page
12 out of 124
1 2 3 11 Next