COMPETITION COUNCIL DENIES TV3 SHAREHOLDER'S TAKEOVER OF LITHUANIA'S LARGEST RADIO STATION GROUP
All Media Lithuania will not be able to acquire 100% of the shares of three companies that operate the radio stations M-1, M-1 Plus, Lietus, Laluna, Raduga , and the company Reklamos ekspertai . The Competition Council did not clear the transaction after finding that the concentration would create or strengthen a dominant position or...
Starting from today, Žilvinas Klimka begins his duties as a Member of the Competition Council. He was appointed for a six-year term by Gitanas Nausėda, the President of the Republic of Lithuania, in line with the Constitution, the Law on Competition and upon the proposal of the Prime Minister Ingrida Šimonytė.
Today, the President of the Republic of Lithuania Gitanas Nausėda, in accordance with the Constitution, the Law on Competition and taking into account the proposal of Prime Minister Ingrida Šimonytė, signed a decree appointing Žilvinas Klimka as a member of Lithuanian Competition Council.
The Competition Council acknowledged that during the inspection carried out in the premises of "Maxima LT", the officials of the institution were not able to fulfil the requirements to review and obtain the necessary information for investigating the suspected violation. A fine of 10,000 Euros was imposed on the retail company for violating the...
The Competition Council has allowed Kauno Liftai to carry out the concentration after acquiring 100% of the shares of Baltijos Liftai and Šiaulių Liftas companies. The clearance was granted following a commitment by Kauno Liftai to divest part of its business and thus restore effective competition in the market for maintenance and repair...
The Competition Council found that Oda LT and six companies distributing its skin care products agreed not to sell Oda LT products to consumers at prices lower than those indicated by the manufacturer. For the anticompetitive agreement, fines totalling 217,280 Euros were imposed on the companies Oda LT , Garbanė , GSS Baltic , Permanent...
The Competition Council, after conducting monitoring of online marketplaces, did not identify any obvious illegal competition restraints or other factors that effectively restrict competition in electronic commerce. However, the Authority has drawn the attention of the sector to certain business practices that may pose a risk of restricting...
Today, the Seimas has adopted amendments to the Law on Competition and the Law on Local Self-Government, which allow municipalities to enter into in-house contracts with the companies they control and to transfer the management of municipal real estate to them without a competitive procedure.
What benefits does an open, competitive labour market provide, and why shouldn't employers negotiate among themselves regarding employees' working conditions? Answers to these and other questions are provided in the guidance which the Competition Council has sent to the most important organisations that unite employers and employees.
Today, the Parliament of the Republic of Lithuania, the Seimas, approved amendments to the Law on Competition, which aim to create conditions for more effective enforcement of competition and state aid rules in Lithuania. Among the most important changes, is the rules on recovery of unlawful and/or incompatible with the EU internal market state...
The five-day visit of the staff of the Georgian National Competition Agency to Konkurencijos taryba concluded today, during which the guests got acquainted with the latest working practices of their Lithuanian colleagues, as well as visited several other Lithuanian institutions.
Konkurencijos taryba has decided that the Municipality of Palanga (Municipality) infringed the Law on Competition by transferring the management of a swimming pool and the provision of various types of services, including commercial ones, without a competitive procedure, to its own institution Palangos investicijų valdymas .