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PHARMACEUTICAL COMPANIES AGREED ON MARGINS OF REIMBURSABLE MEDICINES
13 12 2022

The Lithuanian competition authority Konkurencijos taryba has found that the Lithuanian Pharmacy Association (LPA) and 8 pharmaceutical companies agreed on the margins of reimbursable medicines. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union resulted in more than EUR 72 million in fines.

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PROCEDURE FOR SETTING FINES FOR COMPETITION LAW INFRINGEMENTS HAS BEEN IMPROVED
09 11 2022

Today the Lithuanian Government adopted a resolution approving the description of the procedure for setting fines for infringements of the Law on Competition. A more detailed regulation of the methodology for setting fines, which will apply from 1 May 2023, will result in fewer preconditions for disputes in courts concerning the amount of fines...

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LAUNCH OF THE EU TWINNING PROJECT STRENGTHENING CAPACITY OF THE COMPETITION AGENCY OF GEORGIA
29 09 2022

29 September 2022, Tbilisi . The launch event of the new EU-funded Twinning project “Strengthening Capacity of the Competition Agency of Georgia“ was held at Tbilisi Marriott hotel. The project aims to assist Georgia to align the normative and legal framework of the Competition Agency of Georgia with the Union acquis and other good international...

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WILL COMPETITION BE OUTWEIGHED BY REGULATION? ANSWERS TO THIS QUESTION WILL BE PROVIDED DURING INTERNATIONAL COMPETITION LAW CONFERENCE IN VILNIUS
20 09 2022

On 7 October 2022 the Lithuanian competition authority Konkurencijos taryba is organising an international conference to mark its 30 th anniversary.

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STUDY REVEALED POTENTIAL FOR INCREASING SMALL AND MEDIUM-SIZED ENTERPRISE FINANCING
15 12 2021

More targeted state aid measures, the reduction of administrative burden for small and medium-sized enterprises (SMEs), more information on alternative financing opportunities and enhanced financial reporting of enterprises – these recommendations and measures of their implementation have been presented by the Bank of Lithuania and the...

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PARTICIPANTS OF CLOSING STATE AID PROJECT EVENT IN SERBIA EXCHANGED WORK EXPERIENCE DURING PANDEMIC
25 11 2021

The Regional Conference "State Aid and Western Balkans’ Economies" gathered on 24 November 2021 representatives of the Serbian Commission for State Aid Control, European Commission, state aid control bodies from the region and European experts who exchanged experience during the current COVID-19 pandemic, which has significantly affected the...

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NETWORK OF EUROPEAN COMPETITION AUTHORITIES MARKS TWENTIETH ANNIVERSARY IN ROME
27 09 2021

The meeting of the European Competition Authorities, informal network that gathers together the European antitrust authorities, has marked the twentieth anniversary of its establishment in Rome.

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HEADS OF BALTIC COMPETITION AUTHORITIES DISCUSSED JOINT PROJECTS, POSSIBLE MARKET ANALYSIS AND STUDIES
10 09 2021

On September 10, the management of the Baltic competition authorities met in Riga to discuss current competition law issues in the Baltic States and discuss cooperation, joint projects, and possible market analysis and studies.

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OECD OPENS A CALL FOR PAPERS FOR THE WORKSHOP ON REGULATORY BARRIERS TO COMPETITION IN PROFESSIONAL SERVICES
23 07 2021

The OECD Economics Department is organising jointly with the Competition Division an online workshop on Regulatory Barriers to Competition in Professional Services, which will take place on 18–19 November 2021, and invites scholars, professional associations and other relevant policymakers and stakeholders of OECD countries to submit papers,...

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ECN PUBLISHES JOINT PAPER ADDRESSING INVOLVEMENT OF NATIONAL COMPETITION AUTHORITIES IN DIGITAL MARKETS ACT
25 06 2021

The European Competition Network (ECN) publishes a joint paper by the heads of the national competition authorities (NCAs) of the European Union on the DMA proposal. It addresses the issue of coordination of DMA enforcement with competition law enforcement and makes proposals to enhance the effectiveness of this new tool, by allowing NCAs to...

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BALTIC COMPETITION CONFERENCE: FROM DIGITAL BUSINESS MODELS TO INCENTIVES FOR DAMAGE ACTIONS 
20 05 2021

With the numbers of companies moving their businesses online growing, the problems related to digital markets are becoming increasingly relevant for national competition authorities. It is a task for each competition authority to continuously strengthen its investigative capacities and technological skills, as well as develop close cooperation...

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BY RESTRICTING COMPETITION BETWEEN NOTARIES, MINISTRY OF JUSTICE PREVENTS CONSUMERS FROM PAYING LESS FOR SERVICES
08 12 2020

The Lithuanian competition authority Konkurencijos taryba has found the fixed and minimum rates of notary fees approved by the Ministry of Justice of the Republic of Lithuania to restrict the ability of notaries to compete on prices. Having failed to ensure the freedom of fair competition, the Ministry of Justice received a fine of EUR 43,000...

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