The Competition Council acknowledged that during the inspection carried out in the premises of "Maxima LT", the officials of the institution were not able to fulfil the requirements to review and obtain the necessary information for investigating the suspected violation. A fine of 10,000 Euros was imposed on the retail company for violating the...
Today, the Seimas has adopted amendments to the Law on Competition and the Law on Local Self-Government, which allow municipalities to enter into in-house contracts with the companies they control and to transfer the management of municipal real estate to them without a competitive procedure.
The Lithuanian competition authority Konkurencijos taryba has sent a letter to the firms managing five major retail chains urging them to take into account the recent changes in market conditions and to refrain from actions incompatible with good business practices in respect of food and drink suppliers which suspended or delayed the execution...
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.
The Lithuanian competition authority’s experts expressed doubts whether the obligation for all operators acting in Lithuania to share radio frequencies of the 700 MHz band, which will be the main (or one of the main) frequencies for the development of 5G technology, would be necessary and proportionate to the objectives pursued.
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...
Konkurencijos taryba found that UAB Palink , one of the major retail companies in Lithuania, infringed the Law on the Prohibition of Unfair Practices of Retailers (Law) when it required from 7 food and drink suppliers to spend all of their preliminary budget intended for sales promotion activities.
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.
As companies have temporarily suspended their business operations due to the Covid-19 outbreak, Konkurencijos taryba is struggling to receive information from businesses and informs companies that it may take longer than usual to implement the activities ascribed to it by the laws, especially merger control.
Konkurencijos taryba found that the company Maxima LT infringed the Law on the Prohibition of Unfair Practices of Retailers (Law) by setting requirement for food and drink suppliers to pay fees for sales promotion, and by envisaging fines or compensation for failure to comply with the set obligations.
Konkurencijos taryba found that Norfos mažmena 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.