Press releases

The Supreme Administrative Court of Lithuania (Court) confirmed the findings of the Competition Council’s investigation, establishing that the Lithuanian Chamber of Notaries restricted competition among notaries and violated both the Competition Law and the Treaty on the Functioning of the European Union (TFEU). An expanded panel of judges,...

The Competition Council found that Giantera , the official representative of the Dr. Ohhira brand in Lithuania, and 19 distributors of its products had agreed not to sell food supplements and cosmetic products at prices lower than the supplier's prices, and not to offer discounts and promotions to consumers. The companies were fined a total...

The European Bank for Reconstruction and Development (EBRD) will be able to acquire joint control of Green Genius International , a Dutch renewable energy company, together with its existing shareholders, Modus Grupe and MG NL Holding . The merger has been cleared by the Competition Council.

The Competition Council has cleared the Polish company Velvet Care 's acquisition of 100 % of the shares of Private Label Tissue and Italian Paper and taking sole control of them.

The Competition Council has decided not to initiate an investigation into the actions of the company Go3 Baltics , as it would not align with the institution's priority to conduct investigations that significantly contribute to the protection of effective competition, thus ensuring the highest possible consumer welfare.

Association activities and the regulation of digital markets were the focus of the traditional Baltic Competition Conference in Vilnius, which brought together competition law, economics and other professionals from several countries in the region.

The Competition Council, together with the Polish and Latvian competition authorities and the Organisation for Economic Co-operation and Development (OECD), will implement the European Union (EU) technical assistance project "Competition Market Study: Digital Sector – Poland, Latvia and Lithuania" to help ensure competitiveness in the digital...

Aktsiaselts Infortar will be able to acquire 21.71% of the shares in Aktsiaselts Tallink Grupp, together with the existing shares for a total of 68.47%, and take over sole control of it. The transaction has been cleared by the Competition Council.

On 12 September, the Competition Council will host the traditional Baltic Competition Conference (BCC), where professionals from the fields of competition law, economics, and other areas will discuss current issues in competition policy, with a particular focus on the regulation of association activities and digital markets.

The Competition Council suspects that Iglu Tech , a manufacturer of heat pumps, has restricted competition among its distributors by fixing the resale prices of its products to be charged to the end-users by the companies that distributed heat pumps throughout Lithuania. The Statement of Objections (SO) was also sent to Axioma Servisas , which...

A merger or acquisition transaction executed without the approval of the Competition Council is a serious breach of competition law, for which the company implementing the concentration is held liable. In order to ensure that the fines more proportionately reflect the financial capabilities of the offender benefiting from the unreported...

The Competition Council has authorised Kosmelita to acquire 100% of the shares of Bodybalt , a Latvian company with a branch in Lithuania, and 100% of the shares of Bodybalt , an Estonian company, and to take over the sole control of these companies.