Today Seimas adopted amendments to the Law on Competition which will transpose the provisions of the Directive of the European Parliament and Council into national law, ensuring uniform regulation of the activities of competition authorities across the EU, with regard to such matters as independence, resources, powers and sanctions. The...
The Lithuanian competition authority Konkurencijos taryba has prepared an explanatory note for companies and their lawyers to give more clarity on the procedures of the inspections carried out at business premises by the authority‘s authorised officials.
Konkurencijos taryba has terminated investigation into the alleged anti-competitive agreement among 7 Lithuanian and Latvian companies engaged in the production and sales of construction, repair and household goods.
Konkurencijos taryba has terminated investigation into the alleged bid-rigging in the public tender for software upgrade and license renewal services among three IT service providers.