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Press releases

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COMPETITION LAW EXPERTS MET IN RIGA AT BALTIC COMPETITION CONFERENCE
18 11 2022

On 14 and 15 November the 18th Baltic Competition Conference was held and this time it was dedicated to the 30th anniversary of the Competition Council of Latvia. In the conference the special attention was paid to involvement of public administrative bodies - state and local governments – in business, as well as challenges of competition law of...

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PROCEDURE FOR SETTING FINES FOR COMPETITION LAW INFRINGEMENTS HAS BEEN IMPROVED
09 11 2022

Today the Lithuanian Government adopted a resolution approving the description of the procedure for setting fines for infringements of the Law on Competition. A more detailed regulation of the methodology for setting fines, which will apply from 1 May 2023, will result in fewer preconditions for disputes in courts concerning the amount of fines...

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WINDLY HOLDING OÜ RECEIVES MERGER CLEARANCE
04 11 2022

The Lithuanian competition authority Konkurencijos taryba has cleared the acquisition of 33.4 per cent of the shares of the company 9 sparnai, as well as acquisition of its joint control together with E energy invest, by the Estonian firm Windly Holding OÜ.

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KONKURENCIJOS TARYBA HOSTED TRADITIONAL MEETING OF HEADS OF BALTIC COMPETITION AUTHORITIES IN VILNIUS
06 10 2022

On October 6, heads of the Lithuanian, Latvian and Estonian competition authorities met in Vilnius to discuss current competition law issues, including the review of business transactions covering all three Baltic states, as well as possible joint activities in the context of rising energy and other commodities prices caused by Russia‘s war in...

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LAUNCH OF THE EU TWINNING PROJECT STRENGTHENING CAPACITY OF THE COMPETITION AGENCY OF GEORGIA
29 09 2022

29 September 2022, Tbilisi . The launch event of the new EU-funded Twinning project “Strengthening Capacity of the Competition Agency of Georgia“ was held at Tbilisi Marriott hotel. The project aims to assist Georgia to align the normative and legal framework of the Competition Agency of Georgia with the Union acquis and other good international...

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LITHUANIAN COMPETITION AUTHORITY HOLDS HIGH POSITIONS AMONG WORLD’S COMPETITION AUTHORITIES
21 09 2022

The competition law journal and news service Global Competition Review, which conducts an annual ranking of the world‘s competition authorities, gave the Lithuanian competition authority Konkurencijos taryba three stars of five for eight years in a row. Competition authorities from Belgium, Latvia, Poland, Switzerland and some other countries...

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WILL COMPETITION BE OUTWEIGHED BY REGULATION? ANSWERS TO THIS QUESTION WILL BE PROVIDED DURING INTERNATIONAL COMPETITION LAW CONFERENCE IN VILNIUS
20 09 2022

On 7 October 2022 the Lithuanian competition authority Konkurencijos taryba is organising an international conference to mark its 30 th anniversary.

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ARMENIAN COMPETITION PROTECTION COMMISSION GOT ACQUAINTED WITH BEST PRACTICES OF LITHUANIAN COUNTERPARTS AND OTHER INSTITUTIONS
12 09 2022

On 6–9 September experts from the Armenian Competition Protection Commission participated in a study visit to the Lithuanian competition authority Konkurencijos taryba, as well as to other institutions, and got acquainted with their activities and practice of international cooperation.

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FINNISH COMPANY RECEIVES PERMISSION TO ACQUIRE GERMAN MANUFACTURER OF PRESSURE SENSITIVE LABELS
02 09 2022

The Finnish forestry company UPM-Kymmene Beteiligungs will be able to acquire 100 per cent of the shares of the German firm AMC AG Advanced Methods of Coating and, indirectly, control of Inter Sign, SERPRI, Print Inform Japan and ITRACO International Trading + Consulting . This transaction has been cleared by the Lithuanian competition...

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LATVIAN FIRM DOBELES DZIRNAVNIEKS DOES NOT RECEIVE PERMISSION TO ACQUIRE LITHUANIAN COMPANY BALTIC MILL
26 08 2022

T oday t he Lithuanian competition authority Konkurencijos taryba r efused t o clear the acquisition of 1 00 per cent of the s hares and sole control of the Lithuanian company B altic M ill by the L atvian firm D obeles d zirnavnieks . The a uthority f ound t hat t he merger w ould c reate o r s trengthen the...

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MERGER BETWEEN PILETILEVI GROUP AND TIKETA RESTRICTED COMPETITION
14 06 2022

Today the Lithuanian competition authority Konkurencijos taryba has refused to clear the merger whereby the Estonian company Piletilevi Group acquired 100 per cent of the shares and sole control of the Lithuanian ticket distributor Tiketa. The authority found that the merger created or strengthened a dominant position or substantially...

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