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REAL ESTATE AGENCIES BELONGING TO THE FRANCHISE NETWORK AGREED TO APPLY A MINIMUM 3 PERCENT COMMISSION FEE TO CLIENTS

16 05 2024

The Competition Council recognised that the company Capital Realty and 20 real estate agencies that signed a franchise agreement with it agreed to apply a commission fee of not less than 3 percent to clients, thus restricting mutual competition. A total fine of EUR 710,751 was imposed for violating the Law on Competition.

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THE COMPETITION COUNCIL HAS DENIED LIT EGG'S ACQUISITION OF GIRELĖS PAUKŠTYNAS

14 05 2024

The company Lit Egg will not be able to acquire the egg production business of the Girelės paukštynas poultry farm and the agricultural company Nematekas , along with the real estate necessary to administer the business. The Competition Council did not grant permission for this transaction, determining that implementing the concentration...

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THE COMPETITION COUNCIL WILL MAKE THE ALLEGED INFRINGEMENT PUBLIC AFTER COMPLETING ITS INVESTIGATION

22 01 2024

The Competition Council, taking into account the practices of the European Commission and other countries, will from now on publish on its website the information that it has completed the investigation and sent a Statement of Objections to the subjects that may have infringed the competition law, as well as other interested parties.

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THE COMPETITION COUNCIL REDUCED THE FINE FOR THE COMPANY ŠVYTURYS-UTENOS ALUS, WHICH ADMITTED TO OBSTRUCTING THE INVESTIGATION

28 12 2023

The Competition Council found that Švyturys-Utenos alus had deleted relevant information during the inspection, had not complied with the obligation to provide a copy of the data requested, and thus had hindered the investigation activities of the Authority's officials. As the company admitted that it had violated the Law on Competition by...

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OWNER OF DELFI.LT WILL HAVE TO GET PERMISSION FOR A CONCENTRATION  FROM THE COMPETITION COUNCIL OR SELL THE SHARES OF LRYTAS

22 12 2023

The Competition Council recognised that the Estonian company Ekspress Grupp , which controls the news portal delfi.lt , violated the Law on Competition by acquiring the company Lrytas , which controls the news portal lrytas.lt , without notifying the institution and obtaining its permission.

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THE REGULATIONS OF THE MINISTRY OF TRANSPORT AND COMMUNICATIONS BECAME AN OBSTACLE TO OPENING UP THE RAILWAY TRANSPORT MARKET

30 11 2023

The Competition Council has found that the rules adopted by the Minister of Transport and Communications in 2020, which give freight carriers access to congested railway lines, favour LTG Cargo , a company operating on the market, and discriminate against other companies providing the same services.

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COMPETITION COUNCIL DENIES TV3 SHAREHOLDER'S TAKEOVER OF LITHUANIA'S LARGEST RADIO STATION GROUP

19 09 2023

All Media Lithuania will not be able to acquire 100% of the shares of three companies that operate the radio stations M-1, M-1 Plus, Lietus, Laluna, Raduga , and the company Reklamos ekspertai . The Competition Council did not clear the transaction after finding that the concentration would create or strengthen a dominant position or...

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THE COMPANY KAUNO LIFTAI WILL BE ABLE TO CARRY OUT THE MERGER
27 07 2023

The Competition Council has allowed Kauno Liftai to carry out the concentration after acquiring 100% of the shares of Baltijos Liftai and Šiaulių Liftas companies. The clearance was granted following a commitment by Kauno Liftai to divest part of its business and thus restore effective competition in the market for maintenance and repair...

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PRICE FIXING BETWEEN COSMETIC MANUFACTURERS AND THEIR DISTRIBUTORS PREVENTED CONSUMERS FROM GETTING CHEAPER PRODUCTS
27 07 2023

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...

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PALANGA CITY MUNICIPALITY IS OBLIGED TO ORGANISE A COMPETITIVE PROCEDURE FOR THE SELECTION OF A SWIMMING POOL MANAGER
26 04 2023

Konkurencijos taryba has decided that the Municipality of Palanga (Municipality) infringed the Law on Competition by transferring the management of a swimming pool and the provision of various types of services, including commercial ones, without a competitive procedure, to its own institution Palangos investicijų valdymas .

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REAL ESTATE AGENCIES AGREED NOT TO COMPETE FOR CLIENTS AND EMPLOYEES
29 12 2022

The Lithuanian competition authority Konkurencijos taryba has established that the Lithuanian Association of Real Estate Agencies (LAREA) and its 39 members agreed not to solicit each other's clients and brokers, and thus restricted competition. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union...

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PHARMACEUTICAL COMPANIES AGREED ON MARGINS OF REIMBURSABLE MEDICINES
13 12 2022

The Lithuanian competition authority Konkurencijos taryba has found that the Lithuanian Pharmacy Association (LPA) and 8 pharmaceutical companies agreed on the margins of reimbursable medicines. The infringement of the Law on Competition and the Treaty on the Functioning of the European Union resulted in more than EUR 72 million in fines.

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