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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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RETAILER FINED FOR UNFAIR COMMERCIAL PRACTICES TO SUPPLIERS
12 09 2019

Konkurencijos taryba found that Norfos maĆŸmena and Rivona infringed the Law on the Prohibition of Unfair Practices of Retailers (Law) by setting requirement for the suppliers to pay fees for sales promotion.

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KONKURENCIJOS TARYBA APPROVES WHISTLEBLOWER REMUNERATION PROCEDURE
28 06 2019

From July 1 persons who provide evidence enabling Konkurencijos taryba to detect anti-competitive agreements will be entitled to a financial reward. It is hoped that this will encourage the society to take a more active role in reporting to the Lithuanian competition authority cartels or other anti-competitive agreements entered into by the...

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SEIMAS ADOPTED AMENDMENTS TO LITHUANIAN COMPETITION LAW
14 03 2019

Today Seimas adopted amendments to the Law on Competition of the Republic of Lithuania. One of the major changes concern the right of the Lithuanian competition authority to remunerate whistleblowers that provide information about anti-competitive agreements.

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