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COMPETITION COUNCIL RECEIVED AN AWARD FROM THE WORLD BANK GROUP

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

The aforementioned contest initiated by the World Bank and International Competition Network aims at raising the awareness of the most successful competition advocacy projects and exchanging the best practices. Competition enforcers were competing in four different categories, namely in “Competition Advocacy in fast growing and innovative markets“, “Advocating competition in key domestic markets to maximize the benefits of trade“, “Embedding competition principles in public and industrial policies through advocacy“ and “Catalyzing competition reforms through citizen and civil society engagement“.

KT won the first place for embedding competition principles in public and industrial policies through advocacy. According to the Wold Bank, Lithuania undertook comprehensive, targeted advocacy campaign involving stakeholder engagement as well as media outreach to address municipalities’ repeated breaching of competition rules.

Publicly voiced concerns about the “protection” of consumers, most often camouflage exclusive privileges granted to municipal companies. Thus consumers are “protected“ from benefits of fair competition and municipal companies from bankruptcy.

Šarūnas Keserauskas, Chairman of the Council

In 2014-2015 the Competition Council initiated 8 free seminars for Lithuanian municipalities, prepared the Guidelines on the Assessment of Impact of Decisions on Competition, related factsheets, shared insights in media and organised several campaigns in order to draw attention of public administrative bodies and society to the harm of anticompetitive practices decisions.

More information on the contest can be found on the World Bank‘s website:

http://www.worldbank.org/en/events/2015/10/30/the-2015---2016-competition-advocacy-contest-how-to-build-a-culture-of-competition-for-private-sector-development-and-economic-growth#5

Last updated: 12 10 2016