MM GRUPP MAY HAVE VIOLATED THE LAW BY TAKING CONTROL OF FORUM CINEMAS AND ITS CINEMAS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL
The Competition Council has completed its investigation into the implementation of an unnotified merger and has sent a notification of a possible infringement of the Law on Competition to the Estonian company MM Grupp .
INTERIM MEASURES ON THE ESTONIAN COMPANY OPERATING A CINEMA CHAIN EXTENDED FOR ONE YEAR
The Competition Council has decided to extend the interim measures imposed on the Estonian company MM Grupp , which include an obligation to manage all the assets and business of Forum Cinemas , which was allegedly taken over without the Authority's approval, in a way that does not harm its economic viability, saleability or competitiveness,...
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.