The Supreme Administrative Court of Lithuania upheld the Competition Council‘s decision of 11 February 2015, according to which two competitors UAB Lukrida and UAB Manfula fixed the prices of internal combustion engines purchased from UAB Envija and restricted competition in the combined heat and power plants construction market.
Seimas adopted amendments to the Law on Competition and the Law on Local Self-Government initiated by the President of the Republic of Lithuania. From 1 January 2017 public administrative bodies will face fines for competition law breaches and stricter regulation related to economic activities carried out by municipal companies.
Last week after the final ruling of the Supreme Administrative Court of Lithuania UAB Mantinga paid a fine of EUR 2 151 417 and EUR 192 569 of interest. The Competition Council (hereinafter – Council) fined UAB Mantinga for a 10-year-long anti-competitive agreement with MAXIMA LT, UAB (hereinafter – MAXIMA LT ). The parties...
After the final ruling of the Supreme Administrative Court of Lithuania MAXIMA LT, UAB ( MAXIMA LT ) paid a cartel fine of EUR 13 666 216 and EUR 1 082 095,46 of interest. The Competition Council fined MAXIMA LT for a 10-year-long anti-competitive agreement with UAB Mantinga . The parties agreed to refrain from selling...
Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeal by UAB Forum Cinemas (hereinafter – Company) against the Competition Council‘s decision whereby the Company was fined EUR 1 384 300 for concluding an anti-competitive agreement.
The Supreme Administrative Court of Lithuania (Supreme Court) upheld Lithuanian Competition Council‘s (KT) decision that 29 travel agencies used online booking system E-TURAS to concert practices when applying discounts to bookings and thus breached competition law.
On December 18 Lithuanian Competition Council (KT) announced that three cinema operators, “Forum Cinemas“, “Multikino Lietuva“ and “Cinamon Operations“, had been fixing prices of cinema tickets as part of two separate cartel agreements.