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KONKURENCIJOS TARYBA APPROVES EXPLANATIONS CONCERNING THE ASSESSMENT OF A DOMINANT POSITION
08 04 2020

The Lithuanian competition authority Konkurencijos taryba has adopted the guidance indicating the main principles and criteria used when assessing if an undertaking holds a dominant position, as well as its position in the relevant market, i.e. market power. The Explanations concerning the assessment of a dominant position will enter into...

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EUROPEAN COMMISSION AND EU COMPETITION AUTHORITIES ENCOURAGE COMPANIES TO SEEK GUIDANCE ON COOPERATION INITIATIVES
30 03 2020

Businesses are currently facing particular challenges due to the coronavirus crisis, which may encourage companies to cooperate with each other in order to overcome the negative consequences to the benefit of consumers, for example by ensuring the supply of scarce products.

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KONKURENCIJOS TARYBA APPROVES WHISTLEBLOWER REMUNERATION PROCEDURE
28 06 2019

From July 1 persons who provide evidence enabling Konkurencijos taryba to detect anti-competitive agreements will be entitled to a financial reward. It is hoped that this will encourage the society to take a more active role in reporting to the Lithuanian competition authority cartels or other anti-competitive agreements entered into by the...

COMPETITION COUNCIL CLOSES INVESTIGATION INTO SWEDBANK  ACTIONS
13 06 2018

The Lithuanian Competition Council closed the investigation into the compliance of Swedbank actions with the requirements of the Law on Competition upon Swedbank submitting written commitments suitable for the elimination of the alleged competition law breach and creating preconditions to avoid it in the future.

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COURT: THERE WAS LEGITIMATE BASIS TO IMPOSE FINES ON BID RIGGING PARTICIPANTS
09 08 2017

Vilnius Regional Administrative Court (Court) upheld the Competition Council’s decision, according to which a bid rigging agreement was concluded by the companies acting in the municipal waste collection and transportation sector. The infringement of the Law on Competition resulted in fines.

COMPETITION COUNCIL STRENGTHENED ADMINISTRATIVE CAPACITIES OF THE EGYPTIAN COMPETITION AUTHORITY
24 03 2017

March 20 marked the end of the EU Twinning Project on building the administrative capacities of the Egyptian Competition Authority (ECA). The Lithuanian Competition Council participated in the 2-year-long project together with the German Competition Authority.

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CHAIRMAN MET WITH KAUNAS MAYOR TO DISCUSS COMPETITION LAW ISSUES
14 09 2016

The Competition Council‘s Chairman Šarūnas Keserauskas (hereinafter – Chairman) met with Visvaldas Matijošaitis, Mayor of Kaunas City Municipality (hereinafter – Municipality), to discuss competition law issues and suggest solutions to competition problems in the Municipality.

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COMPETITION COUNCIL CALLS FOR OPINIONS REGARDING MARKET STUDY REPORT ON REIMBURSABLE PHARMACEUTICALS
06 06 2016

The Competition Council (hereinafter – KT) has submitted its preliminary market study report on reimbursable pharmaceuticals for public consultation. KT experts aimed at finding out if current legal regulation does not create obstacles for pharmaceuticals to enter the market of reimbursable pharmaceuticals and stay in it, and whether competition...

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