REAL ESTATE AGENCIES BELONGING TO THE FRANCHISE NETWORK AGREED TO APPLY A MINIMUM 3 PERCENT COMMISSION FEE TO CLIENTS
The Competition Council recognised that the company Capital Realty and 20 real estate agencies that signed a franchise agreement with it agreed to apply a commission fee of not less than 3 percent to clients, thus restricting mutual competition. A total fine of EUR 710,751 was imposed for violating the Law on Competition.
KAUNO LIFTAI HAS PROPERLY FULFILLED ITS COMMITMENTS
The Competition Council has recognised that Kauno liftai has properly implemented its commitments by selling a part of the acquired business and thus restoring effective competition in the markets for maintenance, repair, and replacement of lifting equipment in Lithuania.
THE 2023 ANNUAL REPORT OF THE COMPETITION COUNCIL WAS PRESENTED
Chairwoman of the Competition Council, Jolanta Ivanauskienė, presenting the 2023 Annual Report at an interinstitutional meeting in the Government this week, overviewed the main results achieved by the institution in the past year and answered questions.
INTERIM MEASURES ON THE ESTONIAN COMPANY OPERATING A CINEMA CHAIN EXTENDED FOR ONE YEAR
The Competition Council has decided to extend the interim measures imposed on the Estonian company MM Grupp , which include an obligation to manage all the assets and business of Forum Cinemas , which was allegedly taken over without the Authority's approval, in a way that does not harm its economic viability, saleability or competitiveness,...
THE MINISTRY OF TRANSPORT AND COMMUNICATIONS COMPLIES WITH THE COMPETITION COUNCIL'S OBLIGATION TO AMEND THE RULES APPLICABLE TO RAIL FREIGHT CARRIERS
The Competition Council has determined that the Ministry of Transport and Communications has properly implemented its obligation and amended the priority rules for the allocation of capacity in the congested part of the public railway infrastructure in a way that does not contravene the requirements of the Law on Competition.
NEW VISION AND OBJECTIVES IN THE STRATEGY FOR 2024–2029
The Competition Council has confirmed the Strategy for the next five years, which, among other things, announces a new vision and strategic goals and tasks for the Authority.
FOUR PRIORITY SECTORS UNDER THE COMPETITION COUNCIL'S SPOTLIGHT
The Competition Council has decided to focus its attention on the energy, health (including pharmaceuticals), retail trade and digital markets sectors in 2024.
THE COMPETITION COUNCIL REDUCED THE FINE FOR THE COMPANY ŠVYTURYS-UTENOS ALUS, WHICH ADMITTED TO OBSTRUCTING THE INVESTIGATION
The Competition Council found that Švyturys-Utenos alus had deleted relevant information during the inspection, had not complied with the obligation to provide a copy of the data requested, and thus had hindered the investigation activities of the Authority's officials. As the company admitted that it had violated the Law on Competition by...
OWNER OF DELFI.LT WILL HAVE TO GET PERMISSION FOR A CONCENTRATION FROM THE COMPETITION COUNCIL OR SELL THE SHARES OF LRYTAS
The Competition Council recognised that the Estonian company Ekspress Grupp , which controls the news portal delfi.lt , violated the Law on Competition by acquiring the company Lrytas , which controls the news portal lrytas.lt , without notifying the institution and obtaining its permission.
THE REGULATIONS OF THE MINISTRY OF TRANSPORT AND COMMUNICATIONS BECAME AN OBSTACLE TO OPENING UP THE RAILWAY TRANSPORT MARKET
The Competition Council has found that the rules adopted by the Minister of Transport and Communications in 2020, which give freight carriers access to congested railway lines, favour LTG Cargo , a company operating on the market, and discriminate against other companies providing the same services.
THE MERGER IS CLEARED IN THE MARKET OF BEVERAGES PRODUCTION
The Competition Council has allowed the Netherlands company CC Beverages Holdings II B.V. to acquire 100 percent of the shares of the Finnish company Brown-Forman Finland and to acquire the sole control over it.
Starting from today, Žilvinas Klimka begins his duties as a Member of the Competition Council. He was appointed for a six-year term by Gitanas Nausėda, the President of the Republic of Lithuania, in line with the Constitution, the Law on Competition and upon the proposal of the Prime Minister Ingrida Šimonytė.