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COMPETITION LAW AMENDMENTS WILL ENSURE MORE EFFECTIVE COMPETITION ENFORCEMENT IN LITHUANIA
25 06 2020

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...

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KONKURENCIJOS TARYBA CLEARS ACQUISITION OF LATVIAN COMPANY ECO BALTIA
15 06 2020

Konkurencijos taryba cleared the acquisition of 52.81 per cent of the Latvian company Eco Baltia indirectly through BSGF Salvus , and acquisition of joint control of Eco Baltia by the investment fund INVL Baltic Sea Growth Fund together with the existing shareholder the European Bank for Reconstruction and Development.  

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EXAMINATION OF MERGERS MAY LAST LONGER
14 04 2020

As companies have temporarily suspended their business operations due to the Covid-19 outbreak, Konkurencijos taryba is struggling to receive information from businesses and informs companies that it may take longer than usual to implement the activities ascribed to it by the laws, especially merger control.  

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KONKURENCIJOS TARYBA WILL IMPLEMENT TWINNING PROJECT IN UKRAINE
26 02 2020

Konkurencijos taryba was awarded a contract to implement the EU Twinning project in Ukraine. It will be the first time when Lithuania will implement the project in the role of the project leader rather than a junior partner.

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SUPREME ADMINISTRATIVE COURT OF LITHUANIA UPHOLDS ALMOST 1 M FINE FOR UNNOTIFIED MERGER
17 01 2020

The Supreme Administrative Court of Lithuania (Court) rejected the claim of the company Kauno grūdai confirming EUR 947,700 fine imposed on it for an unnotified merger.

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KONKURENCIJOS TARYBA CLEARS ACQUISITION BY AUTOMOTIVE SALES COMPANIES
13 01 2020

Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of the Estonian company  Veho Eesti AS by the Finnish-based firm  Auto-Bon Oy .

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KONKURENCIJOS TARYBA CLEARS ACQUISITION BY LATVIAN COMPANY
12 11 2019

Konkurencijos taryba cleared the acquisition of joint control of UAB Taikos centras by the Latvian company  New Bumani Invest and Raimundas Petrikas.

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OWNER OF SHOPPING MALLS RECEIVES MERGER CLEARANCE
12 11 2019

Konkurencijos taryba cleared the acquisition of 100 per cent of FORUMAS shares and sole control by Deka Immobilien Investment GmbH , member of the German group of companies Deka Group . Indirectly through FORUMAS the German company will also acquire 100 per cent of the shares and sole control of FORUMAS 1 , FORUMAS 2 , FORUMAS 3 and...

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CAR TRADING COMPANIES RECEIVE MERGER CLEARANCE 
05 11 2019

Konkurencijos taryba cleared the acquisition of vehicle trading business of Estonian Aktsiaselts Silberauto, Silberauto Estonia AS, Silwi Autoehituse Aktsiaselts and Lithuanian Silberauto by the Finland-based firm Veho Oy Ab .

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NETHERLANDS-BASED COMPANY ACQUIRES BIOFUEL PRODUCER
11 10 2019

Konkurencijos taryba cleared the acquisition of 69 per cent of UAB Pusbroliai shares and sole control by the Netherlands-based company  Genopas B. V.

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CGATES WITHDRAWS MERGER NOTIFICATION AFTER PRELIMINARY CONCLUSIONS OF KONKURENCIJOS TARYBA
18 07 2019

Konkurencijos taryba closed the examination of the merger notification regarding the acquisition of 100 per cent of SPLIUS shares and sole control by Cgates.

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KONKURENCIJOS TARYBA CLEARS ACQUISITION OF CLASSIFIED ADS WEBSITES‘ OWNER
26 06 2019

Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of the Estonian company Baltic Classifieds Group indirectly through Antler Bidco and Antler HoldCo , the latter registered in Luxembourg, by the London-based firm Apax Partners .

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