The study of the Lithuanian businesses’ understanding of the rights and obligations established in the Law on Competition has revealed that although many interviewed companies are aware of the main competition law principles, there is a lack of knowledge about the application of certain law provisions, liability for infringements and the...
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...
Today Irma Urmonaitė has started her six-year tenure as a Council Member in the Lithuanian competition authority. She was appointed by Gitanas Nausėda, President of the Republic of Lithuania, in line with the Constitution, the Law on Competition and upon the proposal of the Prime Minister Ingrida Šimonytė.
The Lithuanian competition authority Konkurencijos taryba and the German Federal Ministry for Economic Affairs and Energy successfully completed the European Union Twinning Project in Ukraine.
On 1–3 August representatives from the Egyptian Public Prosecution Office learned about the Competition Council’s experience while ensuring effective competition for the benefit of consumers.
Chief Experts of Unfair Commercial Practices Investigation Division shared the Competition Council‘s experience on misleading and prohibited comparative advertising with the Albanian Consumer Protection Commission.
On December 5, 2016 the Competition Council confirmed the final conclusions of the market study on reimbursable pharmaceuticals (hereinafter – Study) that revealed competition problems in the market, to which possible solutions were proposed.
The Competition Council‘s Chairman Šarūnas Keserauskas (hereinafter – Chairman) met with Visvaldas Matijošaitis, Mayor of Kaunas City Municipality (hereinafter – Municipality), to discuss competition law issues and suggest solutions to competition problems in the Municipality.
On 29 August Vilnius Regional Administrative Court (hereinafter – Court) rejected the appeal by Panevėžys City Municipality (hereinafter – Municipality) against the Competition Council‘s decision of 16 July 2016 whereby the Municipality restricted competition and consumer rights in the municipal waste management sector.
The Competition Council (hereinafter – KT) has submitted its preliminary market study report on reimbursable pharmaceuticals for public consultation. KT experts aimed at finding out if current legal regulation does not create obstacles for pharmaceuticals to enter the market of reimbursable pharmaceuticals and stay in it, and whether competition...