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COMPETITORS AGREED WHO WILL WIN AUCTION BY IGNALINA NUCLEAR POWER PLANT
27 12 2017

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.

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COMPETITION COUNCIL: JOINT BIDDING OF TWO CONSTRUCTION FIRMS RESTRICTED COMPETITION
21 12 2017

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...

UAB NORDIC MINDS WILL ACQUIRE CONTROL OF UAB BALTIJOS POLISTIRENAS
20 12 2017

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 .

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COMPETITION FOR PUPILS IS NOT TERRA INCOGNITA
19 12 2017

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.

COMPETITION COUNCIL CLEARED ACQUISITION OF LP GRUPĖ BY ACHEMOS GRUPĖ
12 12 2017

The Competition Council cleared the acquisition of 100 per cent of UAB LP grupė shares by UAB koncernas Achemos grupė .

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WORLD COMPETITION DAY FOCUSED ON COMPETITION BENEFITS
05 12 2017

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 .

KAUNO BŪSTAI MISLED CONSUMERS BY ADVERTISING GUEST HOUSES AS APARTMENTS
28 11 2017

The firm Kauno būstai misled consumers by advertising guest houses as apartments. For the infringement of the Law on Advertising Kauno būstai received EUR 6,300 fine .

SUPREME ADMINISTRATIVE COURT: DECISIONS BY ŠIAULIAI CITY MUNICIPALITY RESTRICTED COMPETITION
22 11 2017

The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision, according to which Šiauliai City Municipality granted privileges to the municipal company Busturas and restricted competition in the sector of passenger transportation services for 10 years.

ILS HOLDING RECEIVED MERGER CLEARANCE
22 11 2017

The Competition Council cleared the acquisition of 100 per cent of UAB Ilsanta shares by UAB ILS holding .

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COUNCIL CLEARED ACQUISITION OF UAB ADNET MEDIA BY ESTONIAN-BASED COMPANY OF AS EKSPRESS GRUPP
13 11 2017

The Competition Council cleared the acquisition of 51 per cent (together with the currently owned shares – 100 per cent) of UAB Adnet media shares and sole control by the Estonian-based company AS Ekspress Grupp .

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COMPETITION COUNCIL FINES SUPPLIER AND DISTRIBUTOR OF BONE REGENERATION PRODUCTS FOR RESALE PRICE MAINTENANCE
31 10 2017

The Competition Council found the Italian-based supplier Tecnoss Dental and its Lithuanian distributor UAB Implamedica engaged in fixing minimum resale prices of bone regeneration products used in implant dentistry. The infringement resulted in both companies receiving a total of EUR 175,500 of fines.

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CARTEL AMONG OCCASION WEAR SHOPS RESULTED IN HIGHER PRICES FOR CONSUMERS
31 10 2017

The Competition Council found a number of occasion wear shops operating in Vilnius guilty of a cartel that set a fixed dress try-on fee for customers. Firms received fines ranging from EUR 1 to EUR 1,960, with seven out of 12 cartel members admitting the infringement.

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