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1 EURO ALLOCATED TO KONKURENCIJOS TARYBA BROUGHT 6.2 EUROS OF DIRECT EXPECTED BENEFITS TO CONSUMERS
04 03 2022

Having conducted the annual impact assessment of its activities, the Lithuanian competition authority Konkurencijos taryba calculated that direct expected benefits to consumers over the period of 2019–2021 amounted to an average of EUR 15.6 million per year and exceeded the authority’s annual budget 6.2 times.

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D. LURJE WILL LEAVE HER ROLE AS LITHUANIAN COMPETITION AUTHORITY‘S COUNCIL MEMBER
04 06 2021

The Lithuanian competition authority‘s Council Member and Deputy Chairwoman Dina Lurje will leave the office on June 15 and will continue her professional career in the private sector.

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BALTIC COMPETITION CONFERENCE: FROM DIGITAL BUSINESS MODELS TO INCENTIVES FOR DAMAGE ACTIONS 
20 05 2021

With the numbers of companies moving their businesses online growing, the problems related to digital markets are becoming increasingly relevant for national competition authorities. It is a task for each competition authority to continuously strengthen its investigative capacities and technological skills, as well as develop close cooperation...

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K. KUČAIDZE HAS BEEN APPOINTED AS COUNCIL MEMBER OF KONKURENCIJOS TARYBA
26 03 2021

Today the President of the Republic of Lithuania Gitanas Nausėda, in accordance with the Constitution, the Law on Competition and taking into account the proposal of the Prime Minister Ingrida Šimonytė, signed a decree appointing Karina Kučaidze as the Council Member of the Lithuanian competition authority. K. Kučaidze who is currently working...

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LITHUANIAN COMPETITION LAW AMENDMENTS: FROM FINING POWERS TO GUARANTEES OF INDEPENDENCE
30 10 2020

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...

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EU COMPETITION TWINNING PROJECT IN UKRAINE: KICK OFF EVENT OUTLINES MAIN RESULTS TO ACHIEVE
21 10 2020

On October 21, 2020, the Lithuanian, German and Romanian competition authorities partnering under the EU Twinning project “Legal and Enforcement Support to the Antimonopoly Committee of Ukraine (AMCU)“ met to discuss the key priorities and results that they aim to achieve during the project implementation.

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LITHUANIAN KONKURENCIJOS TARYBA HAS BEEN RATED AS ONE OF MOST ACTIVE COMPETITION AGENCIES IN EUROPE
24 08 2020

The antitrust and competition law journal and news service Global Competition Review has conducted an annual survey of the world‘s leading competition authorities and for six years in a row gave the Lithuanian Konkurencijos taryba three stars out of five, placing it next to competition agencies from Sweden, Norway, Netherlands or Belgium.

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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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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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