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Press releases

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SUPREME ADMINISTRATIVE COURT: ORDERS OF MINISTER OF INTERIOR RESTRICTED FAIR COMPETITION
13 09 2017

The Supreme Administrative Court of Lithuania acknowledged that in 2004 and 2005 the Minister of the Interior adopted legal acts which granted exclusive rights to the state enterprise Infostruktūra and thus restricted the freedom of economic activity. According to the Court, such legal regulation infringed the constitutional principle of the rule of law.

NETHERLANDS-BASED THE IT CHANNEL COMPANY RECEIVED MERGER CLEARANCE
06 09 2017

On September 5 the Council cleared the acquisition of 23 per cent of UAB 1ClickFactory shares and joint control by the Netherlands-based The IT Channel Company from UAB Volternas and the Danish company Sfink Invest .

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UAB G4S LIETUVA WILL HAVE TO PAY EUR 2.7 MILLION FINE FOR COMPETITION LAW BREACH
05 09 2017

The Supreme Administrative Court of Lithuania (hereinafter – Court) upheld the Competition Council‘s decision, according to which the security company G4S Lietuva (G4S) infringed the Law on Competition by concluding anti-competitive agreements in the market of cash-handling services and received EUR 2.7 million fine.

UAB AGROKONCERNO GRŪDAI RECEIVED MERGER CLEARANCE
01 09 2017

On August 30 the Competition Council cleared the acquisition of elevators located in Rokiškis and Kretinga by UAB Agrokoncerno grūdai .

COMPETITION ADVOCACY IN VILNIUS' SCHOOLS
29 08 2017

During the school year the Council‘s experts will be visiting a number of schools in Vilnius to teach senior pupils the principles of effective competition, its benefits for consumers, as well as help them recognise anti-competitive agreements and misleading advertising, as part of the competition advocacy project “Competition Council goes to school“.

COMPETITION COUNCIL CLEARED MERGER RELATED TO SALE-PURCHASE OF UAB CGATES GROUP SHARES
24 08 2017

On August 23 the Competition Council cleared the merger whereby the Latvian company AS EuVECA Livonia Partners and the Estonian company AS LHV Varahaldus indirectly through Silver Screen Holdings UAB acquired 34,8 per cent of UAB Cgates Group shares and joint control together with the Estonian companies OÜ Polaris Invest and OÜ Com Holding .

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COURT: THERE WAS LEGITIMATE BASIS TO IMPOSE FINES ON BID RIGGING PARTICIPANTS
09 08 2017

Vilnius Regional Administrative Court (Court) upheld the Competition Council’s decision, according to which a bid rigging agreement was concluded by the companies acting in the municipal waste collection and transportation sector. The infringement of the Law on Competition resulted in fines.

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CONSTRUCTION COMPANIES  DID NOT ESCAPE FINES FOR IMITATING COMPETITION
04 08 2017

The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision, according to which in 2011–2012 construction companies concluded bid rigging agreements.

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EGYPTIAN PUBLIC PROSECUTION OFFICE LEARNED ABOUT COMPETITION COUNCIL’S ACTIVITIES
03 08 2017

On 1–3 August representatives from the Egyptian Public Prosecution Office learned about the Competition Council’s experience while ensuring effective competition for the benefit of consumers.

UAB KONCERNAS ACHEMOS GRUPĖ FINED FOR UNNOTIFIED MERGER
02 08 2017

The Competition Council found that UAB koncernas Achemos grupė implemented an unnotified merger by acquiring sole control of UAB Jūros vartai and AB KLAIPĖDOS LAIVŲ REMONTAS . For the infringement of the Law on Competition, the Council fined Achemos grupė EUR 54,700.

UAB SPORTLAND LT RECEIVED MERGER CLEARANCE
25 07 2017

On July 25 the Competition Council cleared the acquisition of commercial real estate located at Gedimino pr. 20, Vilnius by UAB SPORTLAND LT

ELONAS ŠATAS WAS APPOINTED AS COUNCIL MEMBER FOR SECOND-SIX YEAR TERM
18 07 2017

On July 18 the President of the Republic of Lithuania Dalia Grybauskaitė appointed Elonas Šatas as Council Member of the Competition Council for the second six-year term starting on 24 August 2017.

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