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MERGER IN HEALTHCARE SECTOR CLEARED SUBJECT TO COMMITMENTS
15 11 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of joint control of InMedica and, indirectly, MediCA klinika , Kardiolita , Bendrosios medicinos praktika and Svalbono klinika by the investment fund INVL Baltic Sea Growth Fund and the companies Litgaja and RP PHARMA on condition that part of the...

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LITHUANIAN COMPETITION AUTHORITY TERMINATES MERGER REVIEW PROCESS IN CINEMA MARKET
15 10 2021

The Lithuanian competition authority Konkurencijos taryba has terminated the review of a merger notification under which the Estonian company MM Grupp intended to acquire another Estonian company Forum Cinemas Lithuania , which owns and operates cinemas in the cities of Vilnius, Kaunas, Klaipėda and Šiauliai in Lithuania. Since the merger...

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HEADS OF BALTIC COMPETITION AUTHORITIES DISCUSSED JOINT PROJECTS, POSSIBLE MARKET ANALYSIS AND STUDIES
10 09 2021

On September 10, the management of the Baltic competition authorities met in Riga to discuss current competition law issues in the Baltic States and discuss cooperation, joint projects, and possible market analysis and studies.

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K. KUČAIDZE STARTS HER TENURE IN LITHUANIAN COMPETITION AUTHORITY
01 07 2021

Today Karina Kučaidze has started her six-year tenure as a Council Member in the Lithuanian competition authority. She has been appointed by Gitanas Nausėda, President of the Republic of Lithuania, in line with the Constitution, the Law on Competition and upon the proposal of the Prime Minister Ingrida Šimonytė.

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1 EURO ALLOCATED TO KONKURENCIJOS TARYBA BROUGHT 8 EUROS OF DIRECT EXPECTED BENEFITS TO CONSUMERS
15 02 2021

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 2018–2020 amounted to an average of EUR 19.3 million per year and exceeded the authority’s annual budget 8 times.

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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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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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FIRST COMMON EASTERN EUROPEAN COMPETITION WORKSHOP BY U.S. FTC AND LITHUANIAN COMPETITION AUTHORITY GATHERS FOREIGN COMPETITION EXPERTS
04 09 2018

September 4 marked the start of a two-day  Eastern European Competition Workshop in Vilnius. The event, which was organised by the U.S. Federal Trade Commission in partnership with the Lithuanian competition authority Konkurencijos taryba, gathered almost 50 competition experts from Lithuania, Croatia, Czech Republic, Estonia, Georgia,...

EESTI MEEDIA PROPERLY IMPLEMENTED SET OBLIGATIONS
20 08 2018

The Lithuanian competition authority Konkurencijos taryba acknowledged that the Estonian company Eesti Meedia , which did not receive the clearance of the acquisition of 100 per cent of AllePAL shares and which was obliged to take actions re-establishing the state prior to the merger or eliminating the identified competition concerns, properly implemented obligations set by Konkurencijos taryba.

COMPETITION COUNCIL CLOSES INVESTIGATION INTO SWEDBANK  ACTIONS
13 06 2018

The Lithuanian Competition Council closed the investigation into the compliance of Swedbank actions with the requirements of the Law on Competition upon Swedbank submitting written commitments suitable for the elimination of the alleged competition law breach and creating preconditions to avoid it in the future.

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INSURANCE COMPANY IMPLEMENTED MERGER REMEDIES PROPERLY
13 04 2018

The Competition Council concluded that Vienna Insurance Group (VIG) properly implemented the remedies concerned with the divestiture of business related to international carriers‘ compulsory motor vehicle third party liability (MTPL) insurance in Lithuania.

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