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SUPREME COURT UPHELD KT DECISION ON CARTEL AMONG TRAVEL AGENCIES
03 05 2016

The Supreme Administrative Court of Lithuania (Supreme Court) upheld Lithuanian Competition Council‘s (KT) decision that 29 travel agencies used online booking system E-TURAS to concert practices when applying discounts to bookings and thus breached competition law.

COMPETITION COUNCIL RECEIVED AN AWARD FROM THE WORLD BANK GROUP
28 04 2016

The World Bank Group and the International Competition Network (ICN) announced Lithuanian Competition Council among the winners of the 2015-2016 Competition Advocacy Contest

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COMPETITION COUNCIL CLEARS ACQUISITION OF DANSKE BANK A/S LIETUVOS FILIALAS BY AB SWEDBANK AND UAB SWEDBANK LIZINGAS
22 03 2016

The Competition Council cleared the acquisition of part of the assets, rights and obligations of  Danske Bank A/S Lietuvos filialas  by  AB   Swedbank  and  UAB   Swedbank lizingas .

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NEW MERGER NOTIFICATION AND EXAMINATION PROCEDURE CAME INTO FORCE IN LITHUANIA
07 01 2016

Lithuanian Competition Council (the Council) announced that the new Merger Notification and Examination Procedure (the Merger Procedure) had come into force on 1 January 2016. As of that date, all merger notifications must be submitted in line with the new Merger Procedure.

SUPREME COURT UPHELD COMPETITION COUNCIL‘S DECISION TO SANCTION LUKOIL BALTIJA FOR NON-NOTIFIED MERGERS
22 12 2015

The Supreme Administrative Court of Lithuania (the Court) upheld the Competition Council‘s (KT) decision as of April 18, 2013 to impose a fine of 341 057 EUR on JSC  Lukoil Baltija  for implementing non-notified mergers.

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LITHUANIAN COMPETITION COUNCIL DETECTED TWO CARTELS BY CINEMA OPERATORS
22 12 2015

On December 18 Lithuanian Competition Council (KT) announced that three cinema operators, “Forum Cinemas“, “Multikino Lietuva“ and “Cinamon Operations“, had been fixing prices of cinema tickets as part of two separate cartel agreements.

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LITHUANIAN COURT UPHELD LITHUANIAN COMPETITION COUNCIL’S DECISION ON "GAZPROM“
09 11 2015

Vilnius Administrative Regional Court upheld the decision by Lithuanian Competition Council’s to fine Gazprom for the failure to comply with merger conditions and market foreclosure.

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COMPETITION COUNCIL PROHIBITS MERGER BETWEEN MALT PRODUCERS
16 10 2015

On 15 October, Competition Council (further - the Council) prohibited acquisition of 100 per cent of  Maltosa  shares by  Viking Malt Oy . The Council found that the merger will restrict competition in the market of pilsen malt production.

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COMPETITION COUNCIL SUSPECTS UAB RIMI LIETUVA OF ABUSING ITS MARKET POWER
21 08 2015

Competition Council sent a statement of objections to UAB RIMI LIETUVA suspected of abusing its market power. According to the Council‘s preliminary evaluation, the regulation and use of UAB RIMI LIETUVA marketing budget contradicts fair-trade practices and restricts the possibilities for providers to negotiate the conditions of sales.

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COMPETITION COUNCIL SUSPECTS KAUNAS CITY MUNICIPALITY OF GRANTING PRIVILEDGES TO MUNICIPAL COMPANY
20 08 2015

Competition Council sent a statement of objections to Kaunas City Municipality suspected of restricting competition. The Municipality authorised a municipal company Kapinių priežiūra to provide services of Kaunas city cemetery maintenance and organisation of burial services without a competitive procedure.

COMPETITION COUNCIL INTRODUCES CHANGES TO MERGER NOTIFICATION PROCEDURE
14 08 2015

Competition Council introduced changes to merger notification procedure made following discussions with business and legal communities, EC recommendations and the Council‘s current practice. The new merger notification procedure will come into force on 1 January 2016.

COMPETITION COUNCIL OPENS INVESTIGATION INTO SUSPECTED MISLEADING REFERENCE PRICING
12 08 2015

Competition Council opened an investigation into suspected misleading reference pricing on the website akcijatau.lt.

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