AFTER TAKING THE COMMITMENTS, THE GERMAN COMPANY WILL BE ABLE TO CARRY OUT THE TRANSACTION IN THE INSURANCE MARKET
The Competition Council has approved the merger of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MRGAM) indirectly through ERGO International AG acquiring 100% of the shares of the insurance company Gjensidige and taking sole control of it. The transaction was approved after the German company committed to sell...
EMSI VIOLATED THE LAW ON COMPETITION BY EXPANDING ITS NETWORK OF PETROL STATIONS WITHOUT PERMISSION OF THE COMPETITION COUNCIL
The Competition Council found that the petrol station network operator Emsi took control of four petrol stations without the institution’s authorisation. The company has been ordered to bring the infringement of the Law on Competition to an end and has been fined a total of EUR 1,022,170.
COMPETITION COUNCIL EXPERTS SHARED THEIR EXPERIENCE WITH COLLEAGUES FROM MONTENEGRO
A two-day study visit of representatives from Montenegro's Competition Protection Agency has concluded today. During the visit, guests became familiar with the latest working practices of the Competition Council, its key operational principles, and engaged in discussions on topics relevant to both institutions.
RELEVANT COMPETITION LAW ISSUES WERE DISCUSSED AT THE INTERNATIONAL CONFERENCE
Association activities and the regulation of digital markets were the focus of the traditional Baltic Competition Conference in Vilnius, which brought together competition law, economics and other professionals from several countries in the region.
ENEFIT HAS INFRINGED THE LAW BY IMPLEMENTING A TRANSACTION WITHOUT THE CLEARANCE OF THE COMPETITION COUNCIL
The Competition Council has found that the electricity supply company Enefit infringed the Law on Competition when it entered a transaction with EGTO Energija without notifying the Authority and without obtaining its permission and took over the latter's retail contracts for the supply of electricity to its customers.
ENEFIT MAY HAVE INFRINGED THE LAW BY TAKING OVER CONTRACTS OF EGTO ENERGIJA CUSTOMERS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL
The Competition Council has completed its investigation into the implementation of an unnotified concentration and sent a Statement of Objections (SO) to Enefit , an electricity supplier, for a possible infringement of the Law on Competition.
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.
OWNER OF DELFI.LT WILL HAVE TO GET PERMISSION FOR A CONCENTRATION FROM THE COMPETITION COUNCIL OR SELL THE SHARES OF LRYTAS
The Competition Council recognised that the Estonian company Ekspress Grupp , which controls the news portal delfi.lt , violated the Law on Competition by acquiring the company Lrytas , which controls the news portal lrytas.lt , without notifying the institution and obtaining its permission.
The five-day visit of the staff of the Georgian National Competition Agency to Konkurencijos taryba concluded today, during which the guests got acquainted with the latest working practices of their Lithuanian colleagues, as well as visited several other Lithuanian institutions.
On February 22, 2023, the Lithuanian, German and Romanian authorities partnering under the EU Twinning project “Legal and Enforcement Support to the Antimonopoly Committee of Ukraine (AMCU)” met to discuss the results that they have achieved during the project implementation. Over 30 representatives of relevant authorities of Ukraine, including...
On 16–20 January employees of the Anti-monopoly Committee of Ukraine took part in a study visit in Lithuania during which they participated in meetings with experts from the competition authority Konkurencijos taryba, Vilnius Regional Administrative Court, as well as from the Communications Regulatory Authority, and learned about the working...
The competition law journal and news service Global Competition Review, which conducts an annual ranking of the world‘s competition authorities, gave the Lithuanian competition authority Konkurencijos taryba three stars of five for eight years in a row. Competition authorities from Belgium, Latvia, Poland, Switzerland and some other countries...