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Press releases

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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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I. URMONAITĖ STARTS HER TENURE IN LITHUANIAN COMPETITION AUTHORITY
10 09 2021

Today Irma Urmonaitė has started her six-year tenure as a Council Member in the Lithuanian competition authority. She was appointed by Gitanas Nausėda, 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.

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LITHUANIAN COMPETITION AUTHORITY IS OBLIGED TO ASSIGN INDIVIDUAL SANCTIONS IN OBSTRUCTION CASE
10 09 2021

The Supreme Administrative Court of Lithuania (Court) announced that the Lithuanian competition authority should recalculate the fines for the companies Būsto aplinka and Mano Būsto priežiūra which obstructed the inspection conducted by the authority’s officials.

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I. URMONAITĖ HAS BEEN APPOINTED AS COUNCIL MEMBER OF KONKURENCIJOS TARYBA
10 08 2021

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 Irma Urmonaitė as a member of Konkurencijos taryba. She will take up her duties from 10 September.

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