NEW VISION AND OBJECTIVES IN THE STRATEGY FOR 2024–2029
The Competition Council has confirmed the Strategy for the next five years, which, among other things, announces a new vision and strategic goals and tasks for the Authority.
The Competition Council found that Oda LT and six companies distributing its skin care products agreed not to sell Oda LT products to consumers at prices lower than those indicated by the manufacturer. For the anticompetitive agreement, fines totalling 217,280 Euros were imposed on the companies Oda LT , Garbanė , GSS Baltic , Permanent...
The Supreme Administrative Court of Lithuania (Court) rejected the appeal of the company AV investicija and left unchanged the ruling of the court of first instance declaring that the Lithuanian competition authority was right in not applying the protection of legal professional privilege (LPP) to correspondence between two companies and their...
The Lithuanian competition authority Konkurencijos taryba has updated the list of academic advisers whose external advice has been sought to enhance the quality of the authority’s activities. Such right to form an advisory committee is established by the Law on Competition of the Republic of Lithuania.
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 Competition Council concluded that Vienna Insurance Group (VIG) properly implemented the remedies concerned with the divestiture of business related to international carriers‘ compulsory motor vehicle third party liability (MTPL) insurance in Lithuania.