REAL ESTATE AGENCIES BELONGING TO THE FRANCHISE NETWORK AGREED TO APPLY A MINIMUM 3 PERCENT COMMISSION FEE TO CLIENTS
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.
THE COMPETITION COUNCIL HAS DENIED LIT EGG'S ACQUISITION OF GIRELĖS PAUKŠTYNAS
The company Lit Egg will not be able to acquire the egg production business of the Girelės paukštynas poultry farm and the agricultural company Nematekas , along with the real estate necessary to administer the business. The Competition Council did not grant permission for this transaction, determining that implementing the concentration...
KAUNO LIFTAI HAS PROPERLY FULFILLED ITS COMMITMENTS
The Competition Council has recognised that Kauno liftai has properly implemented its commitments by selling a part of the acquired business and thus restoring effective competition in the markets for maintenance, repair, and replacement of lifting equipment in Lithuania.
THE 2023 ANNUAL REPORT OF THE COMPETITION COUNCIL WAS PRESENTED
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.
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,...
THE MINISTRY OF TRANSPORT AND COMMUNICATIONS COMPLIES WITH THE COMPETITION COUNCIL'S OBLIGATION TO AMEND THE RULES APPLICABLE TO RAIL FREIGHT CARRIERS
The Competition Council has determined that the Ministry of Transport and Communications has properly implemented its obligation and amended the priority rules for the allocation of capacity in the congested part of the public railway infrastructure in a way that does not contravene the requirements of the Law on Competition.
NEW VISION AND OBJECTIVES IN THE STRATEGY FOR 2024–2029
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.
TECHNICAL ASSISTANCE PROJECT COMPLETED IN KOSOVO WITH THE ROUNDTABLE DISCUSSION
To mark the end of a nearly five-year European Union (EU) technical assistance project in Kosovo, an EU-initiated roundtable was held in Pristina. It was attended by representatives of the authorities responsible for the implementation of the project, including experts from the Competition Council, the beneficiaries of the project – the Kosovo...
THE COMPETITION COUNCIL WILL MAKE THE ALLEGED INFRINGEMENT PUBLIC AFTER COMPLETING ITS INVESTIGATION
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.
FOUR PRIORITY SECTORS UNDER THE COMPETITION COUNCIL'S SPOTLIGHT
The Competition Council has decided to focus its attention on the energy, health (including pharmaceuticals), retail trade and digital markets sectors in 2024.
THE COMPETITION COUNCIL AIMS TO IDENTIFY POSSIBLE COMPETITION ISSUES IN THE ELECTRIC VEHICLE CHARGING SECTOR
Considering the rapid development of electric vehicle (EV) charging station infrastructure in Lithuania, the Competition Council has decided to monitor whether there are any barriers to competition in this sector.
THE COMPETITION COUNCIL REDUCED THE FINE FOR THE COMPANY ŠVYTURYS-UTENOS ALUS, WHICH ADMITTED TO OBSTRUCTING THE INVESTIGATION
The Competition Council found that Švyturys-Utenos alus had deleted relevant information during the inspection, had not complied with the obligation to provide a copy of the data requested, and thus had hindered the investigation activities of the Authority's officials. As the company admitted that it had violated the Law on Competition by...