INFORMATION SERVICES PROVIDERS FOUND TO HAVE COORDINATED THEIR ACTIONS IN A PUBLIC PROCUREMENT PROCEDURE
The Competition Council found that the companies Saisto projektai and Modulasoft had coordinated their bids in a public procurement procedure organised by the Alytus City Polyclinic for the implementation of an artificial intelligence consultancy services, thereby infringing the Law on Competition. The companies admitted to the infringement, and...
MM GRUPP ORDERED TO SELL ONE OF ITS APOLLO CINEMAS IN THE CAPITAL AFTER FAILING TO OBTAIN CLEARANCE FROM THE COMPETITION COUNCIL
The Competition Council has refused to clear the transaction whereby Estonian company MM Grupp , operating the Apollo cinema chain, acquired a cinema in Vilnius Akropolis shopping centre from its competitor Forum Cinemas Lithuania . MM Grupp has been ordered to restore the previous situation or eliminate the effects of the merger by...
COMPANIES TRADING IN REFRIGERATION, VENTILATION AND HEATING EQUIPMENT WILL BE ABLE TO PROCEED WITH THE CONCENTRATION
Beijer Ref, a Swedish company and one of the world’s largest wholesalers of refrigeration equipment, will be able to acquire 90% of the shares in the Lithuanian company Refra and takeover of its sole control. This transaction was approved by the Competition Council.
THE COMPETITION COUNCIL HAS ORDERED TREATWELL LT TO CLEARLY SET OUT THE TERMS AND CONDITIONS FOR THE APPLICATION OF COMMISSION FEES TO BEAUTY SALONS
The Competition Council has found that the beauty services booking platform Treatwell LT failed to properly inform beauty salons and its other business customers about the application of a commission fee for appointments cancelled by new customers. The company has been ordered to provide information on the aforementioned fee in a clear and...
GERMAN COMPANIES WILL BE ABLE TO CLOSE THE TRANSACTION
The Competition Council has authorised PreZero Automotive Holding to acquire 100 per cent of the shares in Autorecycling Kempers and to take sole control of the company.
DELFI OWNER GRANTED PERMISSION TO ACQUIRE COMPANIES MANAGING OUTDOOR ADVERTISING SPACE
The Competition Council has granted permission to Ekspress Grupp to acquire, indirectly via LT Screens , 100% of the shares in LT Advert and to take sole control of it, as well as to acquire sole control of the companies Pakelk akis and Dizarto reklama through LT Advert.
APPROVAL GRANTED FOR FOOD SERVICE SECTOR TRANSACTION
The Estonian company Apollo Group will be able to acquire 100% of the shares in Restoranai dvylika and CCF kavinės and assume joint control of these companies. The Competition Council has approved the transaction.
APPROVAL GRANTED FOR THE MERGER INVOLVING GAMBLING, LOTTERY, AND BETTING COMPANIES
The Czech company Fortuna Entertainment Group will be able to acquire 70% of the shares in Top Sport and Top Loto , and, together with Confluence Investment and Alda Holding , assume joint control of these companies. The Competition Council has approved the transaction.
GERMAN INSURANCE COMPANY HAS FULFILLED ITS COMMITMENTS
The Competition Council has determined that the German company Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MRGAM) has properly fulfilled its commitment to transfer all carrier liability insurance contracts of Gjensidige which it had indirectly acquired through ERGO International AG .
COMPANIES PROVIDING AIRCRAFT MAINTENANCE SERVICES WILL BE ABLE TO PROCEED WITH THE TRANSACTION
The Competition Council has approved the acquisition by the U.S. company Setna iO of a 70.37% stake in J&C Aero and the takeover of its sole control.
APPROVAL GRANTED FOR A MERGER IN THE INFORMATION TECHNOLOGY SECTOR
The Competition Council has granted permission to the Norwegian investment company Hawk Infinit y to acquire, indirectly through the special purpose undertaking HIH VI , 85% of the shares in the Lithuanian company Raso and to take sole control of it.
THE OECD RECOMMENDS PROMOTING COMPETITION IN DIGITAL MARKETS AND ENSURING THEIR OPENNESS
The Organisation for Economic Co-operation and Development (OECD), together with the Lithuanian Competition Council and the competition authorities of Poland and Latvia, has completed the nearly two-year European Union technical assistance project “Competition Market Study: Digital Sector – Poland, Latvia and Lithuania” and presented...