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BY AGREEING NOT TO PAY PLAYERS’ SALARIES LITHUANIAN BASKETBALL LEAGUE AND ITS CLUBS INFRINGED COMPETITION LAW
18 11 2021

The Lithuanian competition authority Konkurencijos taryba found that the Lithuanian Basketball League ( Lietuvos krepšinio lyga – LKL) and 10 basketball clubs concluded an anti-competitive agreement when they decided not to pay basketball players salaries or other financial remuneration for the rest of the season after the termination of the...

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MERGER IN HEALTHCARE SECTOR CLEARED SUBJECT TO COMMITMENTS
15 11 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of joint control of InMedica and, indirectly, MediCA klinika , Kardiolita , Bendrosios medicinos praktika and Svalbono klinika by the investment fund INVL Baltic Sea Growth Fund and the companies Litgaja and RP PHARMA on condition that part of the...

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KONKURENCIJOS TARYBA TERMINATES INFRINGEMENT PROCEEDINGS IN BIOFUEL MARKET
04 11 2021

The Lithuanian competition authority Konkurencijos taryba has decided to close the infringement proceedings into an alleged anti-competitive agreement between the firms Vilniaus energija and Bionovus (its successor was First Opportunity , a company registered in Estonia and later liquidated), in the biofuel market.

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LITHUANIAN COMPETITION AUTHORITY TERMINATES MERGER REVIEW PROCESS IN CINEMA MARKET
15 10 2021

The Lithuanian competition authority Konkurencijos taryba has terminated the review of a merger notification under which the Estonian company MM Grupp intended to acquire another Estonian company Forum Cinemas Lithuania , which owns and operates cinemas in the cities of Vilnius, Kaunas, Klaipėda and Šiauliai in Lithuania. Since the merger...

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INVALDA INVL RECEIVES PERMISSION TO ACQUIRE LIFE INSURANCE BUSINESS IN BALTIC STATES
07 10 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of sole control of Mandatum Life Insurance Company Limited life insurance business in Lithuania, Latvia and Estonia by Invalda INVL indirectly through the company INVL Life .

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LATVIAN COMPANIES RECEIVE MERGER CLEARANCE
28 09 2021

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of 100 per cent of the shares of the Latvian company Santa Monica Networks and indirect control of the Lithuanian company Santa Monica Networks by Latvijas Mobilais Telefons .

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NETWORK OF EUROPEAN COMPETITION AUTHORITIES MARKS TWENTIETH ANNIVERSARY IN ROME
27 09 2021

The meeting of the European Competition Authorities, informal network that gathers together the European antitrust authorities, has marked the twentieth anniversary of its establishment in Rome.

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I. URMONAITĖ HAS BEEN APPOINTED DEPUTY CHAIRWOMAN OF LITHUANIAN COMPETITION AUTHORITY
20 09 2021

Irma Urmonaitė, Council Member of the Lithuanian competition authority, has been appointed Deputy Chairwoman starting from 20 September.

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HEADS OF BALTIC COMPETITION AUTHORITIES DISCUSSED JOINT PROJECTS, POSSIBLE MARKET ANALYSIS AND STUDIES
10 09 2021

On September 10, the management of the Baltic competition authorities met in Riga to discuss current competition law issues in the Baltic States and discuss cooperation, joint projects, and possible market analysis and studies.

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