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 .
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.
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.
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.
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 .
The Competition Council (KT) has re-launched it‘s official website.
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.
The World Bank Group and the International Competition Network (ICN) announced Lithuanian Competition Council among the winners of the 2015-2016 Competition Advocacy Contest
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 opened an investigation into suspected misleading reference pricing on the website akcijatau.lt.
Competition Council sent a Statement of Objections to Klaipėda City Municipality (further – the Municipality) suspected of anticompetitive conduct. According to the Council, the Municipality‘s decision to authorise Audresta , Aštuoniukė , Devintoji banga , Aisčiai and Dešimtas maršrutas (further – the Companies) to provide shared taxi services without a competitive procedure breached Article 4 of the Law on Competition.