REAL ESTATE ADVERTISING TURNED INTO FINES
On October 2 the Competition Council found that UAB Karolinos turas and UAB NT partneriai misled consumers by advertising hotel premises as residential real estate. For the infringement of the Law on Advertising, the Council fined each of the companies EUR 8,688.
The fine was imposed not only on UAB Karolinos turas which disseminated misleading advertising, but also on UAB NT partneriai which run the advertising campaign. The evidence collected during the investigation showed that NT partneriai knew or had to know that the purpose of the premises advertised in the campaign was non-residential.