PERSONS PROVIDING SIGNIFICANT INFORMATION ABOUT INVESTIGATIONS ALREADY BEING CONDUCTED BY THE COMPETITION COUNCIL MAY RECEIVE A MONETARY REWARD
The Competition Council invites persons who possess information about the institution’s ongoing investigations in the dairy processing and coffee machine distribution sectors to contact its experts. Whistleblowers may receive rewards of up to EUR 100,000 for providing evidence and valuable information.
VEHICLE SPARE PARTS SUPPLIERS THAT PRETENDED TO COMPETE IN PUBLIC PROCUREMENT PROCEDURES ADMIT BREACHING THE LAW ON COMPETITION
The Competition Council found that the company Manado and the small partnership Parts Ready had formed a cartel in public procurement procedures for vehicle spare parts: they coordinated their actions and commercial offers, including the price of parts. As the companies admitted having violated the Law on Competition, their fines were...
BUSINESS SURVEY: MOST COMPANIES ARE AWARE OF THE REQUIREMENTS OF THE LAW ON COMPETITION, BUT EDUCATION IS STILL NEEDED
A survey conducted by Spinter Research on behalf of the Competition Council reveals that more than two-thirds of Lithuanian businesses are aware of the main requirements of competition law, such as the prohibition to enter into anti-competitive agreements. Given the continuing need to raise awareness of competition rules, the Authority will...
A NOTICE OF SUSPECTED VIOLATION HAS BEEN SENT TO COMPANIES SELLING FOOD SUPPLEMENTS AND COSMETIC PRODUCTS
The Competition Council concluded its investigation and sent a Statement of Objections (SO) to Giantera , a company supplying and distributing food supplements and cosmetics under the brand name Dr. Ohhira , and to other companies distributing these products.
The Competition Council found that Oda LT and six companies distributing its skin care products agreed not to sell Oda LT products to consumers at prices lower than those indicated by the manufacturer. For the anticompetitive agreement, fines totalling 217,280 Euros were imposed on the companies Oda LT , Garbanė , GSS Baltic , Permanent...
The study of the Lithuanian businesses’ understanding of the rights and obligations established in the Law on Competition has revealed that although many interviewed companies are aware of the main competition law principles, there is a lack of knowledge about the application of certain law provisions, liability for infringements and the...
The Lithuanian competition authority Konkurencijos taryba has found that the companies Sanitex , Sotėja , Selnera , Maistulis and Egilėja rigged their bids, including the price, in public procurements for the purchase of food products organised by or for the benefit of educational institutions and social service providers. Since the firms...
On November 1 amendments to the Law on Competition of the Republic of Lithuania enter into force. These amendments are in line with the ECN+ Directive intended to empower the competition authorities of Member States to be more effective enforcers and ensure the proper functioning of the internal market. More specifically, the Directive aims to...
In relation to the amendments to the Law on Competition adopted by the Seimas, today the Lithuanian competition authority Konkurencijos taryba has updated the Leniency Rules and adopted the Rules on Cooperation with the EU Competition Authorities or Other Counterparts.
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 launched an investigation into a suspected anti-competitive agreement among the Lithuanian Basketball League (Lietuvos krepšinio lyga – LKL) and basketball clubs after evaluating their exchange of information on the terms of payment of basketball players‘ salaries during the meeting...