On October 9–10 competition law experts and representatives of the European Commission, Lithuanian public and private sector gathered in the 14th Baltic Competition Conference in Vilnius to discuss how competition authorities can become better enforcers, strengthen institutional credibility and contribute to the well-being of the country and the citizens.
On October 2 the Competition Council found that UAB Karolinos turas and UAB NT partneriai misled consumers by advertising hotel premises as residential real estate. For the infringement of the Law on Advertising, the Council fined each of the companies EUR 8,688.
The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision on two bid rigging agreements.
The Supreme Administrative Court of Lithuania (hereinafter – Court) upheld the Competition Council‘s decision, according to which the security company G4S Lietuva (G4S) infringed the Law on Competition by concluding anti-competitive agreements in the market of cash-handling services and received EUR 2.7 million fine.
Vilnius Regional Administrative Court (Court) upheld the Competition Council’s decision, according to which a bid rigging agreement was concluded by the companies acting in the municipal waste collection and transportation sector. The infringement of the Law on Competition resulted in fines.
The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision, according to which in 2011–2012 construction companies concluded bid rigging agreements.
The Competition Council found that UAB koncernas Achemos grupė implemented an unnotified merger by acquiring sole control of UAB Jūros vartai and AB KLAIPĖDOS LAIVŲ REMONTAS . For the infringement of the Law on Competition, the Council fined Achemos grupė EUR 54,700.
Chief Experts of Unfair Commercial Practices Investigation Division shared the Competition Council‘s experience on misleading and prohibited comparative advertising with the Albanian Consumer Protection Commission.
After the final ruling of the Supreme Administrative Court of Lithuania, UAB AMIC Lietuva (former UAB Lukoil Baltija) paid a fine of EUR 3,297,700 and EUR 536,339 of interest.
The Competition Council found that having acquired about 51 per cent of Vievio paukštynas shares and gained control over the company, Kauno grūdai implemented unnotified merger. For the infringement of the Law on Competition, the Council fined Kauno grūdai EUR 947,700.
In Antitrust Writing Awards 2017 the Competition Council’s guidebook “Cooperation with public institutions: how to reduce the risks of competition law infringement?” (Guidebook) received an award for the most innovative soft law in the cross-border category. The Guidebook was assessed by 50 international antitrust experts.
On February 28 the Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision of 10 December 2015 whereby UAB Mediashop (Company) was fined EUR 2 244 for misleading advertising.