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COMPETITION COUNCIL: MERGER BETWEEN CLASSIFIED ADS WEBSITES RESTRICTED COMPETITION
06 05 2016

On 6 May 2016, the Competition Council (hereinafter – KT) prohibited a merger whereby in 2014  AS Eesti Meedia  acquired 100 per cent of  AllePAL OÜ  shares. KT found that the merger restricted competition in the Lithuanian markets of classified ads for real estate and vehicles.  

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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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