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.
On 1–3 August representatives from the Egyptian Public Prosecution Office learned about the Competition Council’s experience while ensuring effective competition for the benefit of consumers.
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.
On July 25 the Competition Council cleared the acquisition of commercial real estate located at Gedimino pr. 20, Vilnius by UAB SPORTLAND LT
On July 18 the President of the Republic of Lithuania Dalia Grybauskaitė appointed Elonas Šatas as Council Member of the Competition Council for the second six-year term starting on 24 August 2017.
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.
The Supreme Administrative Court of Lithuania (Court) rejected the appeal by Litesko and upheld the Council’s decision, according to which Alytus City Municipality infringed the Law on Competition.
On the eve of King Mindaugas’ Coronation Day in Lithuania, the President of the Republic of Lithuania awarded the Competition Council’s Chairman Šarūnas Keserauskas the Medal of the Order for Merits to Lithuania.
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.
On June 14 the Chairman Šarūnas Keserauskas presented the Competition Council‘s annual report to the members of the Cabinet.
The Supreme Administrative Court of Lithuania upheld the Competition Council’s decision, according to which Klaipėda City Municipality breached the Law on Competition by authorising five municipal companies to provide shared taxi services without a competitive procedure.
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.