Vilnius Regional Administrative Court (Court) rejected the complaints by NT partneriai and Karolinos turas and upheld the Lithuanian Competition Council’s decision, according to which the companies were fined for misleading advertising.
The security company G4S Lietuva (G4S) has failed in trying to reopen the proceedings against the Competition Council’s decision imposing the fine on the company for anti-competitive agreements in the market of cash-handling services.
The Competition Council refused to give a permission to a municipal company of Kelmė District Municipality regarding the provision of heavy vehicle washing services.
The Supreme Administrative Court of Lithuania (Court) rejected the appeals by Panevėžys City Municipality and the company Panevėžys specialus autotransportas and upheld the Lithuanian Competition Council’s decision, according to which the Municipality was found to have breached the Law on Competition by authorising its company to provide municipal waste management services without a competitive procedure.
Having considered the amendments to the Law on Competition (Law), the Council revised merger notification and examination procedure, which takes into force from January 1, 2018.
Vilnius County Court acknowledged D. J. guilty of an attempt to bribe an employee of the Lithuanian Competition Council and sentenced him to a suspended sentence of two years in prison, as well as imposed a fine of EUR 7,532.
The Competition Council found that UAB Norvesta and the German company Sypra concluded a cartel agreement while participating in the radioactive scrap metal auction conducted by Ignalina nuclear power plant, and thus were fined EUR 27,500 and EUR 27,100 respectively.
The Competition Council found that joint bids submitted by two Lithuanian construction firms UAB Irdaiva and AB Panevėžio statybos trestas (PST) restricted competition “by object”, in breach of Article 5 of the Law on Competition (national equivalent of Article 101 TFEU), as both firms could have bid separately. The fines imposed on firms...
The Competition Council cleared the acquisition of 40 per cent of Baltijos polistirenas shares (together with the currently owned shares – 80 per cent) and sole control by Nordic Minds .
This September the Council‘s experts embarked on a mission to teach Vilnius pupils more about fair competition and its benefits brought to business and consumers, which appeared to be something that is self-evident to them.
The Competition Council cleared the acquisition of 100 per cent of UAB LP grupė shares by UAB koncernas Achemos grupė .
On December 5 the Lithuanian Competition Council joined the rest of the world to celebrate the World Competition Day and reminded the society that #CompetingIsHealthy, #CompetingIsWorthwhile, #CompetingIsBeneficial .