The Competition Council cleared the merger of the Finnish-based companies active within the construction industry Lemminkäinen Oyj and YIT Oyj .
The Competition Council cleared the acquisition of 100 per cent of UAB G9 Holding shares and sole control by the company Lords LB Asset Management .
The Supreme Administrative Court of Lithuania (Court) concluded that the company Baltic Ticket Holdings which acquired UAB Nacionalinis bilietų platintojas shall submit a merger filing to the Competition Council which started merger control proceedings on its own initiative.
On October 18 the Competition Council cleared the acquisition of 100 per cent of UAB Palink ( PALINK ) shares and control by UAB Rimi Lietuva ( RIMI ) on condition that RIMI will sell part of its business related to retail trade.
The Competition Council found that UAB Judira disseminated misleading advertising claims about the mat, head massage system and orthopedic pillow. For the infringement of the Law on Advertising the Council fined Judira EUR 1,230.
On October 9–10 competition law experts and representatives of the European Commission, Lithuanian public and private sector gathered in the 14th Baltic Competition Conference in Vilnius to discuss how competition authorities can become better enforcers, strengthen institutional credibility and contribute to the well-being of the country and the citizens.
The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision, according to which the Council prohibited the acquisition of 100 per cent of Maltosa shares by Viking Malt Oy .
On October 2 the Competition Council found that UAB Karolinos turas and UAB NT partneriai misled consumers by advertising hotel premises as residential real estate. For the infringement of the Law on Advertising, the Council fined each of the companies EUR 8,688.
The Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision on two bid rigging agreements.
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.
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 .