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TICKET DISTRIBUTORS FAILED TO SUSPEND MERGER CONTROL PROCEDURE
19 10 2017

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.

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UAB SOSTENA RECEIVED MERGER CLEARANCE
19 09 2017

The Competition Council cleared the acquisition of 5,6 per cent (together with the currently owned shares –  25,6 per cent) of  UAB Balux shares and joint control by UAB SOSTENA together with UAB Lona .

NETHERLANDS-BASED THE IT CHANNEL COMPANY RECEIVED MERGER CLEARANCE
06 09 2017

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 .

UAB AGROKONCERNO GRŪDAI RECEIVED MERGER CLEARANCE
01 09 2017

On August 30 the Competition Council cleared the acquisition of elevators located in Rokiškis and Kretinga by UAB Agrokoncerno grūdai .

UAB SPORTLAND LT RECEIVED MERGER CLEARANCE
25 07 2017

On July 25 the Competition Council cleared the acquisition of commercial real estate located at Gedimino pr. 20, Vilnius by UAB SPORTLAND LT

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COMPETITION COUNCIL FINED AB KAUNO GRŪDAI FOR UNNOTIFIED MERGER
13 06 2017

The Competition Council found that having acquired about 51 per cent of Vievio paukštynas shares and gained control over the company, Kauno grūdai implemented unnotified merger. For the infringement of the Law on Competition, the Council fined Kauno grūdai EUR 947,700.

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COMPETITION COUNCIL CLEARS ACQUISITION OF BTA BALTIC INSURANCE COMPANY AAS BY VIENNA INSURANCE GROUP AG  SUBJECT TO CONDITIONS
19 08 2016

On 18 August the Competition Council (hereinafter – Council) cleared the acquisition of 100 per cent of BTA Baltic Insurance Company AAS  (hereinafter –  BTA ) shares by  VIENNA INSURANCE GROUP AG  (hereinafter –  VIG ) on condition that VIG  will sell the part of business of Compensa Vienna Insurance Group ,...

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NEW MERGER NOTIFICATION AND EXAMINATION PROCEDURE CAME INTO FORCE IN LITHUANIA
07 01 2016

Lithuanian Competition Council (the Council) announced that the new Merger Notification and Examination Procedure (the Merger Procedure) had come into force on 1 January 2016. As of that date, all merger notifications must be submitted in line with the new Merger Procedure.

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LITHUANIAN COURT UPHELD LITHUANIAN COMPETITION COUNCIL’S DECISION ON "GAZPROM“
09 11 2015

Vilnius Administrative Regional Court upheld the decision by Lithuanian Competition Council’s to fine Gazprom for the failure to comply with merger conditions and market foreclosure.

COMPETITION COUNCIL INTRODUCES CHANGES TO MERGER NOTIFICATION PROCEDURE
14 08 2015

Competition Council introduced changes to merger notification procedure made following discussions with business and legal communities, EC recommendations and the Council‘s current practice. The new merger notification procedure will come into force on 1 January 2016.

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COMPETITION COUNCIL CLEARS ACQUISITION OF 15 PER CENT OF AMBERWIND SHARES BY KAMINEROS GRUPĖ
27 07 2015

On 23 July, the Competition Council cleared acquisition of 15 per cent of AMBERWIND shares by Kamineros grupė . The latter company together with Stemma Group and ENERCON INDEPENDENT POWER PRODUCER GmbH gained joint control of AMBERWIND.

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COMPETITION COUNCL CLEARS ACQUISITION OF 20 PER CENT OF EESTI MEEDIA SHARES BY UP INVEST
24 07 2015

On 23 July, the Competition Council allowed UP Invest OÜ   to acquire 20 per cent of AS Eesti Meedia   shares (all UP Invest OÜ   shares together  with already  owned  ones will amount to 70 per cent) and, thus, acquire sole control of the latter company.

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