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EUROPEAN COMMISSION AND EU COMPETITION AUTHORITIES ENCOURAGE COMPANIES TO SEEK GUIDANCE ON COOPERATION INITIATIVES
30 03 2020

Businesses are currently facing particular challenges due to the coronavirus crisis, which may encourage companies to cooperate with each other in order to overcome the negative consequences to the benefit of consumers, for example by ensuring the supply of scarce products.

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SUPREME ADMINISTRATIVE COURT OF LITHUANIA IMPOSED STRICTER FINES ON MANAGERS OF CARTEL FIRMS
20 12 2019

The Supreme Administrative Court of Lithuania (Court) partially satisfied the request of Konkurencijos taryba and restricted the right of Justinas Vanagas, manager of the firm VšĮ Media medis and Aušrinė Jurgelionytė, manager of Ministerium, to occupy managerial positions for 6 months and respectively imposed EUR 4,000 and EUR 2,000 fines for...

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KONKURENCIJOS TARYBA APPROVES COMMITMENTS BY LIETUVOS PAŠTAS
22 07 2019

Lietuvos paštas committed to inform other postal service providers about any pricing changes in advance and not to create any obstacles to its competitors operating in the same market. Konkurencijos taryba decided that these commitments proposed by the company are appropriate and sufficient to eliminate the alleged infringement of the Law on...

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KONKURENCIJOS TARYBA CLEARS ACQUISITION OF CLASSIFIED ADS WEBSITES‘ OWNER
26 06 2019

Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of the Estonian company Baltic Classifieds Group indirectly through Antler Bidco and Antler HoldCo , the latter registered in Luxembourg, by the London-based firm Apax Partners .

EESTI MEEDIA PROPERLY IMPLEMENTED SET OBLIGATIONS
20 08 2018

The Lithuanian competition authority Konkurencijos taryba acknowledged that the Estonian company Eesti Meedia , which did not receive the clearance of the acquisition of 100 per cent of AllePAL shares and which was obliged to take actions re-establishing the state prior to the merger or eliminating the identified competition concerns, properly implemented obligations set by Konkurencijos taryba.

COMPETITION COUNCIL CLOSES INVESTIGATION INTO SWEDBANK  ACTIONS
13 06 2018

The Lithuanian Competition Council closed the investigation into the compliance of Swedbank actions with the requirements of the Law on Competition upon Swedbank submitting written commitments suitable for the elimination of the alleged competition law breach and creating preconditions to avoid it in the future.

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CLASSIFIED ADS MERGER CASE REFERRED BACK TO VILNIUS REGIONAL ADMINISTRATIVE COURT FOR REEVALUATION
15 03 2018

The Supreme Administrative Court of Lithuania (Court) satisfied the appeal of the Competition Council and annulled the ruling of Vilnius Regional Administrative Court, according to which the Council was obliged to conduct an additional investigation regarding the merger of the Estonian managers of classified ads.

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COUNCIL CLEARED ACQUISITION OF UAB ADNET MEDIA BY ESTONIAN-BASED COMPANY OF AS EKSPRESS GRUPP
13 11 2017

The Competition Council cleared the acquisition of 51 per cent (together with the currently owned shares – 100 per cent) of UAB Adnet media shares and sole control by the Estonian-based company AS Ekspress Grupp .

COMPETITION COUNCIL CLEARED ACQUISITION OF 100 PER CENT OF PALINK SHARES BY RIMI LIETUVA SUBJECT TO CONDITIONS
18 10 2017

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.

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COMPETITION COUNCIL IMPOSED FINE FOR MISLEADING ADVERTISING
17 10 2017

The Competition Council found that UAB Judira disseminated misleading advertising claims about the mat, head massage system and orthopedic pillow. For the infringement of the Law on Advertising the Council fined Judira EUR 1,230.

SUPREME ADMINISTRATIVE COURT OT LITHUANIA: ADVERTISING BY UAB MEDIASHOP MISLED CONSUMERS
02 03 2017

On February 28 the Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision of 10 December 2015 whereby UAB Mediashop (Company) was fined EUR 2 244 for misleading advertising.

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COMPETITION COUNCIL‘S WEBSITE – ONE OF THE BEST DIGITAL MARKETING WORKS
22 09 2016

The new website of the Competition Council (hereinafter – Council) was nominated among the best digital marketing works in the contest “Best Internet 2016“ organised by the Lithuanian business daily newspaper Verslo žinios .

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