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UAB SPORTLAND LT RECEIVED MERGER CLEARANCE
25 07 2017

On July 25 the Competition Council cleared the acquisition of commercial real estate located at Gedimino pr. 20, Vilnius by UAB SPORTLAND LT

ELONAS ŠATAS WAS APPOINTED AS COUNCIL MEMBER FOR SECOND-SIX YEAR TERM
18 07 2017

On July 18 the President of the Republic of Lithuania Dalia Grybauskaitė appointed Elonas Šatas as Council Member of the Competition Council for the second six-year term starting on 24 August 2017.

UAB AMIC LIETUVA PAID A FINE FOR COMPETITION LAW INFRINGEMENT
20 06 2017

After the final ruling of the Supreme Administrative Court of Lithuania, UAB AMIC Lietuva (former UAB Lukoil Baltija) paid a fine of EUR 3,297,700 and EUR 536,339 of interest.

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COMPETITION COUNCIL FINED AB KAUNO GRŪDAI FOR UNNOTIFIED MERGER
13 06 2017

The Competition Council found that having acquired about 51 per cent of Vievio paukštynas shares and gained control over the company, Kauno grūdai implemented unnotified merger. For the infringement of the Law on Competition, the Council fined Kauno grūdai EUR 947,700.

UAB KONCERNAS ACHEMOS GRUPĖ SUSPECTED OF HAVING IMPLEMENTED UNNOTIFIED MERGER
24 04 2017

The Council completed an investigation into suspected unnotified merger by koncernas Achemos grupė . According to the Council‘s preliminary findings, in 2013 koncernas Achemos grupė acquired sole control of UAB Jūros vartai and AB Klaipėdos laivų remontas and by doing so implemented unnotified merger.

FINAL DECISION OF SUPREME ADMINISTRATIVE COURT IN LUKOIL BALTIJA CASE
20 04 2017

The Supreme Administrative Court of Lithuania (hereinafter – Court) upheld the Lithuanian Competition Council’s decision of December 12, 2014 whereby UAB AMIC Lietuva (former UAB Lukoil Baltija ) received a fine of EUR 3 297 700.

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SUPREME ADMINISTRATIVE COURT DENIED GAZPROM’S APPLICATION TO RENEW COURT PROCEEDINGS
14 04 2017

The Supreme Administrative Court of Lithuania (Court) denied Gazprom’s (Company) application to renew court proceedings and upheld the Competition Council’s decision, according to which the Company breached merger condition.

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AMENDMENTS TO THE LAW ON COMPETITION: WHAT CHANGES TO EXPECT?
24 01 2017

Dalia Grybauskaitė, President of the Republic of Lithuania, adopted amendments to the Law on Competition (Law). From February 1 it will be easier for victims of antitrust violations to defend their rights by claiming compensation for damages suffered due to such infringements.

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SUPREME ADMINISTRATIVE COURT UPHELD COUNCIL‘S DECISION IN GAZPROM CASE
23 12 2016

On December 22 the Supreme Administrative Court of Lithuania (hereinafter – SACL) upheld the Competition Council‘s (hereinafter – Council) decision of 2014 whereby Gazprom   received a fine of more than EUR 35 million – Gazprom created obstacles for AB Lietuvos energijos gamyba to purchase natural gas from other supplier.

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COMPETITION COUNCIL CLEARS ACQUISITION OF BTA BALTIC INSURANCE COMPANY AAS BY VIENNA INSURANCE GROUP AG  SUBJECT TO CONDITIONS
19 08 2016

On 18 August the Competition Council (hereinafter – Council) cleared the acquisition of 100 per cent of BTA Baltic Insurance Company AAS  (hereinafter –  BTA ) shares by  VIENNA INSURANCE GROUP AG  (hereinafter –  VIG ) on condition that VIG  will sell the part of business of Compensa Vienna Insurance Group ,...

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LAST YEAR‘S ACHIEVEMENTS WERE PRESENTED TO THE GOVERNMENT
12 08 2016

Šarūnas Keserauskas, Chairman of the Competition Council (hereinafter – the Council), presented the authority‘s achievements of 2015 to the members of the Cabinet.

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COMPETITION COUNCIL PERMITTED UAB LUKTARNA TO TAKE ON LEASE 73 FUEL STATIONS OWNED BY UAB LUKOIL BALTIJA
22 07 2016

The Competition Council cleared a merger whereby UAB Luktarna took on lease 73 fuel stations owned by UAB Lukoil Baltija for five years, with possibility of extension. Having received the Competition Council‘s preliminary assessment, UAB Luktarna withdrew its intention to rent the remaining three fuel stations and, thus, avoided possible...

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