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COMPETITION LAW AMENDMENTS WILL ENSURE MORE EFFECTIVE COMPETITION ENFORCEMENT IN LITHUANIA
25 06 2020

Today Seimas adopted amendments to the Law on Competition which will transpose the provisions of the Directive of the European Parliament and Council into national law, ensuring uniform regulation of the activities of competition authorities across the EU, with regard to such matters as independence, resources, powers and sanctions. The...

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EXAMINATION OF MERGERS MAY LAST LONGER
14 04 2020

As companies have temporarily suspended their business operations due to the Covid-19 outbreak, Konkurencijos taryba is struggling to receive information from businesses and informs companies that it may take longer than usual to implement the activities ascribed to it by the laws, especially merger control.  

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KONKURENCIJOS TARYBA WILL IMPLEMENT TWINNING PROJECT IN UKRAINE
26 02 2020

Konkurencijos taryba was awarded a contract to implement the EU Twinning project in Ukraine. It will be the first time when Lithuania will implement the project in the role of the project leader rather than a junior partner.

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SUPREME ADMINISTRATIVE COURT OF LITHUANIA UPHOLDS ALMOST 1 M FINE FOR UNNOTIFIED MERGER
17 01 2020

The Supreme Administrative Court of Lithuania (Court) rejected the claim of the company Kauno grūdai confirming EUR 947,700 fine imposed on it for an unnotified merger.

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CGATES WITHDRAWS MERGER NOTIFICATION AFTER PRELIMINARY CONCLUSIONS OF KONKURENCIJOS TARYBA
18 07 2019

Konkurencijos taryba closed the examination of the merger notification regarding the acquisition of 100 per cent of SPLIUS shares and sole control by Cgates.

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KONKURENCIJOS TARYBA SUCCESSFULLY COMPLETED INTERNATIONAL DEVELOPMENT PROJECT IN UKRAINE
01 04 2019

The Lithuanian competition authority Konkurencijos taryba and the German Federal Ministry for Economic Affairs and Energy successfully completed the European Union Twinning Project in Ukraine.

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ESTONIAN UNDERTAKING CAN ACQUIRE TWO ORGANIC PRODUCT COMPANIES IN LITHUANIA
18 02 2019

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent of UAB   Bio Sala shares (also indirect acquisition of 100 per cent of UAB Sveiki produktai shares ) and sole control by the Estonian company  BaltCap indirectly through BaltCap Growth Fund EuVECA .

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NORWEGIAN COMPANY WILL ACQUIRE CONTROL OF COFFEHOUSE CHAIN
11 02 2019

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent and sole control of UAB Keturi kambariai which manages the coffehouse chain Caffeine by the Norwegian company Reitan Convenience .

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LATVIAN COMPANY RECEIVES MERGER CLEARANCE
20 12 2018

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent of UAB Pardavimo automatai shares and sole control by the Latvian company Baltic Coffee Holding .

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LATVIAN COMPETITION AUTHORITY FINES LITHUANIAN COMPANY VAIZGA FOR UNNOTIFIED MERGER
29 10 2018

The Competition Council of Latvia announced that on April, 2018 it cleared the proposed acquisition of Latvian company Petrol Property by the Lithuanian company Vaizga . As Vaizga failed to submit merger notification before closing the transaction, the Competition Council of Latvia initiated a formal case investigation. The competition...

DANISH COMPANY RECEIVES MERGER CLEARANCE
24 09 2018

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 50 per cent of UAB Farmers Circle Danish shares and joint control by the Danish investment company ASGAARD together with the Danish company IDAVANG .

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LATVIAN INVESTMENT FUND RECEIVED MERGER CLEARANCE
13 09 2018

The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of joint control of Freor LT by the Latvian investment fund EuVECA Livonia Partners Fund I together with Rytis Bernatonis.  

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