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.
In the strategic plan 2022 the Lithuanian Konkurencijos taryba has identified four priority sectors. The authority is planning to monitor more closely competition restrictions in the labour market, health sector (including pharmaceuticals), retail trade and e-commerce, as well as to take active enforcement and advocacy actions.
After conducting the monitoring of the implementation of the Law on the Prohibition of Unfair Practices of Retailers (Law), in its report provided to the Government the Lithuanian competition authority Konkurencijos taryba suggested that higher fines should be envisaged for major retailers for their unfair practices to food and drink suppliers.
Konkurencijos taryba cleared the acquisition of 100 per cent of FORUMAS shares and sole control by Deka Immobilien Investment GmbH , member of the German group of companies Deka Group . Indirectly through FORUMAS the German company will also acquire 100 per cent of the shares and sole control of FORUMAS 1 , FORUMAS 2 , FORUMAS 3 and...
Konkurencijos taryba cleared the acquisition of vehicle trading business of Estonian Aktsiaselts Silberauto, Silberauto Estonia AS, Silwi Autoehituse Aktsiaselts and Lithuanian Silberauto by the Finland-based firm Veho Oy Ab .
The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent of UAB Bio Sala shares (also indirect acquisition of 100 per cent of UAB Sveiki produktai shares ) and sole control by the Estonian company BaltCap indirectly through BaltCap Growth Fund EuVECA .
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.
The Competition Council cleared the acquisition of 100 per cent of UAB LP grupė shares by UAB koncernas Achemos grupė .
On October 18 the Competition Council cleared the acquisition of 100 per cent of UAB Palink ( PALINK ) shares and control by UAB Rimi Lietuva ( RIMI ) on condition that RIMI will sell part of its business related to retail trade.
On July 25 the Competition Council cleared the acquisition of commercial real estate located at Gedimino pr. 20, Vilnius by UAB SPORTLAND LT
A weekly news magazine Veidas honoured the best state institutions and civil servants, including the Lithuanian Competition Council.