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THE UNDERTAKINGS' ANTI-COMPETITIVE AGREEMENT DENIED CONSUMERS LOWER PRICES FOR FOOD SUPPLEMENTS AND COSMETICS

14 11 2024

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...

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A HEAT PUMP MANUFACTURER IS SUSPECTED OF PRICE FIXING IN THE RESALE OF ITS PRODUCTS, THEREBY RESTRICTING COMPETITION BETWEEN DISTRIBUTORS

07 08 2024

The Competition Council suspects that Iglu Tech , a manufacturer of heat pumps, has 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. The Statement of Objections (SO) was also sent to Axioma Servisas , which...

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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...

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ENEFIT HAS INFRINGED THE LAW BY IMPLEMENTING A TRANSACTION WITHOUT THE CLEARANCE OF THE COMPETITION COUNCIL

25 07 2024

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.

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THE GUIDELINES OF THE COMPETITION COUNCIL PROVIDE RECOMMENDATIONS FOR E-COMMERCE BUSINESSES

24 07 2024

In order to contribute to a better understanding of the competition law requirements for businesses in the digital space, the Competition Council has prepared Guidelines on e-commerce, which provide the most relevant information on the prohibition of anti-competitive agreements and recommendations for the e-commerce sector.

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ENEFIT MAY HAVE INFRINGED THE LAW BY TAKING OVER CONTRACTS OF EGTO ENERGIJA CUSTOMERS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL

19 06 2024

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.

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A NOTICE OF SUSPECTED VIOLATION HAS BEEN SENT TO COMPANIES SELLING FOOD SUPPLEMENTS AND COSMETIC PRODUCTS

04 06 2024

The Competition Council concluded its investigation and sent a Statement of Objections (SO) to Giantera , a company supplying and distributing food supplements and cosmetics under the brand name Dr. Ohhira , and to other companies distributing these products.

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COMPETITION COUNCIL TO REVIEW THE TRANSACTION OF NEWS PORTALS

20 05 2024

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 .

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REAL ESTATE AGENCIES BELONGING TO THE FRANCHISE NETWORK AGREED TO APPLY A MINIMUM 3 PERCENT COMMISSION FEE TO CLIENTS

16 05 2024

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.

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THE 2023 ANNUAL REPORT OF THE COMPETITION COUNCIL WAS PRESENTED

19 04 2024

Chairwoman of the Competition Council, Jolanta Ivanauskienė, presenting the 2023 Annual Report at an interinstitutional meeting in the Government this week, overviewed the main results achieved by the institution in the past year and answered questions.

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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.

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THE COMPETITION COUNCIL WILL MAKE THE ALLEGED INFRINGEMENT PUBLIC AFTER COMPLETING ITS INVESTIGATION

22 01 2024

The Competition Council, taking into account the practices of the European Commission and other countries, will from now on publish on its website the information that it has completed the investigation and sent a Statement of Objections to the subjects that may have infringed the competition law, as well as other interested parties.

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