Seimas adopted amendments to the Law on Competition and the Law on Local Self-Government initiated by the President of the Republic of Lithuania. From 1 January 2017 public administrative bodies will face fines for competition law breaches and stricter regulation related to economic activities carried out by municipal companies.
Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeal by UAB Pigu (hereinafter – Company) against the Competition Council‘s (hereinafter – Council) decision of 16 June 2016 whereby the Company disseminated misleading perfume and home appliance advertisements and thus breached Article 5 of the Law on Advertising.
The new website of the Competition Council (hereinafter – Council) was nominated among the best digital marketing works in the contest “Best Internet 2016“ organised by the Lithuanian business daily newspaper Verslo žinios .
On 15 September Vilnius Regional Administrative Court (hereinafter – Court) upheld the Competition Council‘s decision of 6 June 2016 whereby Šiauliai City Municipality (hereinafter – Municipality) restricted competition and consumer rights in the sector of passenger transportation services.
The Competition Council‘s Chairman Šarūnas Keserauskas (hereinafter – Chairman) met with Visvaldas Matijošaitis, Mayor of Kaunas City Municipality (hereinafter – Municipality), to discuss competition law issues and suggest solutions to competition problems in the Municipality.
Last week after the final ruling of the Supreme Administrative Court of Lithuania UAB Mantinga paid a fine of EUR 2 151 417 and EUR 192 569 of interest. The Competition Council (hereinafter – Council) fined UAB Mantinga for a 10-year-long anti-competitive agreement with MAXIMA LT, UAB (hereinafter – MAXIMA LT ). The parties...
The Competition Council (hereinafter – Council) found that Pakruojis District Municipality (hereinafter – Municipality) failed to meet the Council‘s obligation – create non-discriminatory conditions for undertakings willing to provide municipal waste collection and transportation services (hereinafter – Services) in Pakruojis district.
The Competition Council (hereinafter – Council) found that UAB Nemuno vaistinė (hereinafter – Company) made false claims about 30 per cent cheaper products sold in the pharmacies of Camelia (hereinafter – Camelia ), and thus breached Article 5 of the Law on Advertising.
On 29 August Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeal by Panevėžys City Municipality (hereinafter – Municipality) against the Competition Council‘s decision of 16 July 2016 whereby the Municipality restricted competition and consumer rights in the municipal waste management sector.
Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeals by UAB Aštuoniukė , UAB Audresta and UAB Vežesta and upheld the Competition Council‘s decision whereby Klaipėda City Municipality (hereinafter – Municipality) breached Article 4 of the Law on Competition.
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 ,...
Šarūnas Keserauskas, Chairman of the Competition Council (hereinafter – the Council), presented the authority‘s achievements of 2015 to the members of the Cabinet.