Konkurencijos taryba cleared the acquisition of 52.81 per cent of the Latvian company Eco Baltia indirectly through BSGF Salvus , and acquisition of joint control of Eco Baltia by the investment fund INVL Baltic Sea Growth Fund together with the existing shareholder the European Bank for Reconstruction and Development.
The consortium consisting of the Lithuanian competition authority, State Consumer Rights Protection Authority and the Austrian Federal Trade Authority, has been selected to implement jointly the EU Twinning project in Georgia.
Konkurencijos taryba was awarded a contract to implement the EU Twinning project in Ukraine. It will be the first time when Lithuania will implement the project in the role of the project leader rather than a junior partner.
Konkurencijos taryba cleared the acquisition of joint control of UAB Taikos centras by the Latvian company New Bumani Invest and Raimundas Petrikas.
Today Medeina Augustinavičienė has started her six-year tenure as a Council Member in Konkurencijos taryba. M. Augustinavičienė was appointed by Gitanas Nausėda, President of the Republic of Lithuania, upon the proposal of the Prime Minister Saulius Skvernelis.
The Lithuanian competition authority Konkurencijos taryba and the German Federal Ministry for Economic Affairs and Energy successfully completed the European Union Twinning Project in Ukraine.
The Competition Council found that joint bids submitted by two Lithuanian construction firms UAB Irdaiva and AB Panevėžio statybos trestas (PST) restricted competition “by object”, in breach of Article 5 of the Law on Competition (national equivalent of Article 101 TFEU), as both firms could have bid separately. The fines imposed on firms...
This September the Council‘s experts embarked on a mission to teach Vilnius pupils more about fair competition and its benefits brought to business and consumers, which appeared to be something that is self-evident to them.
During the school year the Council‘s experts will be visiting a number of schools in Vilnius to teach senior pupils the principles of effective competition, its benefits for consumers, as well as help them recognise anti-competitive agreements and misleading advertising, as part of the competition advocacy project “Competition Council goes to school“.
March 20 marked the end of the EU Twinning Project on building the administrative capacities of the Egyptian Competition Authority (ECA). The Lithuanian Competition Council participated in the 2-year-long project together with the German Competition Authority.
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 .