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.
Dalia Grybauskaitė, President of the Republic of Lithuania, adopted amendments to the Law on Competition (Law). From February 1 it will be easier for victims of antitrust violations to defend their rights by claiming compensation for damages suffered due to such infringements.
On December 5, 2016 the Competition Council confirmed the final conclusions of the market study on reimbursable pharmaceuticals (hereinafter – Study) that revealed competition problems in the market, to which possible solutions were proposed.
Seimas adopted amendments to the Law on Competition and the Law on Local Self-Government initiated by the President of the Republic of Lithuania. From 1 January 2017 public administrative bodies will face fines for competition law breaches and stricter regulation related to economic activities carried out by municipal companies.
Šarūnas Keserauskas, Chairman of the Competition Council (hereinafter – the Council), presented the authority‘s achievements of 2015 to the members of the Cabinet.
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...
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.
Competition Council sent a statement of objections to UAB RIMI LIETUVA suspected of abusing its market power. According to the Council‘s preliminary evaluation, the regulation and use of UAB RIMI LIETUVA marketing budget contradicts fair-trade practices and restricts the possibilities for providers to negotiate the conditions of sales.
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.