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...
THE EUROPEAN COMMISSION AWAITS EXPLANATIONS FROM LITHUANIA REGARDING THE ADOPTED AMENDMENTS TO THE LAW ON COMPETITION
The European Commission (EC) has officially contacted several Lithuanian institutions, informing them that the amendments to the Law on Competition, which entered into force on 1 May of this year and significantly reduce fines for violations of competition law, may be contrary to the provisions of European Union (EU) law. The institutions have...
AMENDMENTS TO THE LAW ON COMPETITION REDUCING FINES HAVE ENTERED INTO FORCE
On 1 May, amendments to the Law on Competition entered into force, reducing the base amount of fines imposed for infringements by half. In this context, the Government approved an updated Rules for Determining the Amount of Fines for Infringement of the Law on Competition.
SEIMAS APPROVED REDUCTION OF FINES FOR VIOLATIONS OF THE LAW ON COMPETITION
Today, the Seimas adopted amendments to the Law on Competition (the Law) prepared by business organisations, which halve the base amount of fines imposed on offenders.
PANEVĖŽYS CITY MUNICIPALITY RESTRICTED COMPETITION BY ENTRUSTING WASTE MANAGEMENT TO ITS OWN COMPANY
The Competition Council found that Panevėžys City Municipality had violated the Law on Competition by entering into in-house transactions with a company it controlled.
THE COMPETITION COUNCIL IDENTIFIES FOUR SECTORS TO PRIORITISE THIS YEAR
Energy, defence, retail trade, and digital markets – these are the sectors that the Competition Council has designated as priorities for 2025. The Authority plans not only to monitor developments in these markets but also to take proactive investigative and preventive actions, conduct educational initiatives, and collaborate with other...
COMPETITION COUNCIL STARTS ITS SUPERVISORY FUNCTIONS FOR DIGITAL MARKETS
Following the entry into force of the Law on the Supervision of Online Intermediation Services and Online Search Engines, as of 1 January 2025, the Competition Council will take on new supervisory functions for online platforms.
RELEVANT COMPETITION LAW ISSUES WERE DISCUSSED AT THE INTERNATIONAL CONFERENCE
Association activities and the regulation of digital markets were the focus of the traditional Baltic Competition Conference in Vilnius, which brought together competition law, economics and other professionals from several countries in the region.
THE COMPETITION COUNCIL AND ITS PARTNERS WILL IMPLEMENT A PROJECT ON DIGITAL MARKETS
The Competition Council, together with the Polish and Latvian competition authorities and the Organisation for Economic Co-operation and Development (OECD), will implement the European Union (EU) technical assistance project "Competition Market Study: Digital Sector – Poland, Latvia and Lithuania" to help ensure competitiveness in the digital...
THE COMPETITION COUNCIL INVITES TO THE INTERNATIONAL CONFERENCE TO DISCUSS ASSOCIATION ACTIVITIES AND THE SUPERVISION OF DIGITAL MARKETS
On 12 September, the Competition Council will host the traditional Baltic Competition Conference (BCC), where professionals from the fields of competition law, economics, and other areas will discuss current issues in competition policy, with a particular focus on the regulation of association activities and digital markets.
TECHNICAL ASSISTANCE PROJECT COMPLETED IN KOSOVO WITH THE ROUNDTABLE DISCUSSION
To mark the end of a nearly five-year European Union (EU) technical assistance project in Kosovo, an EU-initiated roundtable was held in Pristina. It was attended by representatives of the authorities responsible for the implementation of the project, including experts from the Competition Council, the beneficiaries of the project – the Kosovo...
FOUR PRIORITY SECTORS UNDER THE COMPETITION COUNCIL'S SPOTLIGHT
The Competition Council has decided to focus its attention on the energy, health (including pharmaceuticals), retail trade and digital markets sectors in 2024.