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IN COURT PIGU DID NOT AVOID LIABILITY FOR MISLEADING ADVERTISING
01 10 2018

Vilnius Regional Administrative Court (Court) upheld the decision of the Lithuanian competition authority Konkurencijos taryba whereby it imposed a fine on the company Pigu for misleading advertising.

DANISH COMPANY RECEIVES MERGER CLEARANCE
24 09 2018

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 50 per cent of UAB Farmers Circle Danish shares and joint control by the Danish investment company ASGAARD together with the Danish company IDAVANG .

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LATVIAN INVESTMENT FUND RECEIVED MERGER CLEARANCE
13 09 2018

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of joint control of Freor LT by the Latvian investment fund EuVECA Livonia Partners Fund I together with Rytis Bernatonis.  

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PARTICIPANTS OF AUCTION BY IGNALINA NUCLEAR POWER PLANT DID NOT AVOID LIABILITY FOR CARTEL INFRINGEMENT
10 09 2018

Vilnius Regional Administrative Court (Court) upheld the decision of the Lithuanian competition authority Konkurencijos taryba, according to which UAB Norvesta and the German company Sypra concluded a cartel agreement while participating in the radioactive scrap metal auction conducted by Ignalina nuclear power plant.

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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.

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INTERNATIONAL INSURANCE GROUP RECEIVED MERGER CLEARANCE
10 08 2018

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of the Estonian insurance company Seesam Insurance by the Austrian company VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe (VIG).

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MERGER OF TICKET DISTRIBUTORS DID NOT RESTRICT COMPETITION
13 07 2018

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of 100 per cent of the shares of UAB Nacionalinis bilietų platintojas by the Estonian company Baltic Ticket Holdings .

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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VILNIUS REGIONAL ADMINISTRATIVE COURT UPHOLDS ALMOST EUR 1 MILLION FINE IMPOSED ON KAUNO GRŪDAI
13 06 2018

Vilnius Regional Administrative Court has rejected the appeal by AB Kauno grūdai against the Competition Council’s decision of 9 June 2017, whereby the company was fined EUR 947,700 for acquiring about 51 per cent of Vievio paukštynas shares and gaining control over the company, and thus implementing an unnotified merger.

SUPREME ADMINISTRATIVE COURT UPHOLDS COUNCIL’S DECISION: CINEMA CARTELS RESULTED IN FEWER DISCOUNTS FOR CONSUMERS
05 06 2018

The Supreme Administrative Court of Lithuania rejected the appeal by UAB Forum Cinemas against the Competition Council’s decision whereby the company was fined EUR 1,384,300 for fixing prices of cinema tickets as part of two separate cartel agreements.

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VILNIUS REGIONAL ADMINISTRATIVE COURT: JOINT BIDDING BY CONSTRUCTION COMPANIES RESTRICTED COMPETITION
15 05 2018

Vilnius Regional Administrative Court (the Court) upheld Competition Council‘s decision according to which two Lithuanian construction companies Panevėžio statybos trestas (PST) and Irdaiva  were fined for anti-competitive agreement.

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