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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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CLASSIFIED ADS MERGER CASE REFERRED BACK TO VILNIUS REGIONAL ADMINISTRATIVE COURT FOR REEVALUATION
15 03 2018

The Supreme Administrative Court of Lithuania (Court) satisfied the appeal of the Competition Council and annulled the ruling of Vilnius Regional Administrative Court, according to which the Council was obliged to conduct an additional investigation regarding the merger of the Estonian managers of classified ads.

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COUNCIL CLEARED ACQUISITION OF UAB ADNET MEDIA BY ESTONIAN-BASED COMPANY OF AS EKSPRESS GRUPP
13 11 2017

The Competition Council cleared the acquisition of 51 per cent (together with the currently owned shares – 100 per cent) of UAB Adnet media shares and sole control by the Estonian-based company AS Ekspress Grupp .

COMPETITION COUNCIL CLEARED ACQUISITION OF 100 PER CENT OF PALINK SHARES BY RIMI LIETUVA SUBJECT TO CONDITIONS
18 10 2017

On October 18 the Competition Council cleared the acquisition of 100 per cent of UAB Palink ( PALINK ) shares and control by UAB Rimi Lietuva ( RIMI ) on condition that RIMI will sell part of its business related to retail trade.

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COMPETITION COUNCIL IMPOSED FINE FOR MISLEADING ADVERTISING
17 10 2017

The Competition Council found that UAB Judira disseminated misleading advertising claims about the mat, head massage system and orthopedic pillow. For the infringement of the Law on Advertising the Council fined Judira EUR 1,230.

SUPREME ADMINISTRATIVE COURT OT LITHUANIA: ADVERTISING BY UAB MEDIASHOP MISLED CONSUMERS
02 03 2017

On February 28 the Supreme Administrative Court of Lithuania (Court) upheld the Competition Council’s decision of 10 December 2015 whereby UAB Mediashop (Company) was fined EUR 2 244 for misleading advertising.

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COMPETITION COUNCIL‘S WEBSITE – ONE OF THE BEST DIGITAL MARKETING WORKS
22 09 2016

The new website of the Competition Council (hereinafter – Council) was nominated among the best digital marketing works in the contest “Best Internet 2016“ organised by the Lithuanian business daily newspaper Verslo žinios .

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NEW COMPETITION COUNCIL‘S WEBSITE LAUNCHED
20 06 2016

The Competition Council (KT) has re-launched it‘s official website.

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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.  

COMPETITION COUNCIL RECEIVED AN AWARD FROM THE WORLD BANK GROUP
28 04 2016

The World Bank Group and the International Competition Network (ICN) announced Lithuanian Competition Council among the winners of the 2015-2016 Competition Advocacy Contest

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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.

COMPETITION COUNCIL OPENS INVESTIGATION INTO SUSPECTED MISLEADING REFERENCE PRICING
12 08 2015

Competition Council opened an investigation into suspected misleading reference pricing on the website akcijatau.lt.

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