AS LIETUVOS PAŠTAS PLANS TO CHANGE ITS PRICING, THE COMPETITION COUNCIL WILL NOT LAUNCH AN INVESTIGATION INTO THE COMPANY’S ACTIONS
The Competition Council has decided not to initiate an investigation into the possible abuse of a dominant position by Lietuvos paštas , having found insufficient evidence that the company may have breached commitments it undertook several years ago. Such an investigation would also not correspond to the institution’s enforcement priorities, as...
GROUPS OF COMPANIES PROVIDING ELECTRONIC GRADEBOOK AND LEARNING PLATFORM SERVICES TO EDUCATIONAL INSTITUTIONS FORMED A CARTEL
The Competition Council has established that two groups of companies, which a few years ago were offering different electronic gradebooks and several digital learning platforms to educational institutions, formed a cartel and divided these business areas between themselves to avoid mutual competition. After the groups of companies acknowledged...
AFTER TAKING THE COMMITMENTS, THE GERMAN COMPANY WILL BE ABLE TO CARRY OUT THE TRANSACTION IN THE INSURANCE MARKET
The Competition Council has approved the merger of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MRGAM) indirectly through ERGO International AG acquiring 100% of the shares of the insurance company Gjensidige and taking sole control of it. The transaction was approved after the German company committed to sell...
THE COURT: LATVIAN FLOUR AND OTHER PRODUCTS MANUFACTURER WAS REASONABLY DENIED PERMISSION TO ACQUIRE A LITHUANIAN COMPETITOR
Today, the Supreme Administrative Court of Lithuania confirmed that the Competition Council had reasonably refused to grant a permission to carry out a merger to the company Dobeles dzirnavnieks , which intended to acquire 100 percent of the shares of the Lithuanian company Baltic Mill , which owns the flour and other products manufacturer...
INFRINGEMENT IDENTIFIED BY THE COMPETITION COUNCIL MAY DETER ALMOST HALF A HUNDRED POTENTIAL VIOLATIONS
The Competition Council's activities bring not only direct but also indirect benefits to consumers. The latter manifest itself through the deterrent effect of the institution's decisions, when companies, aware of the investigations being conducted and possible sanctions, refrain from illegal actions or cease them. Surveys of businesses and...
SAFEROAD BALTIC WILL BE ABLE TO IMPLEMENT THE MERGER FOLLOWING COMMITMENTS
The Competition Council has cleared the acquisition by Saferoad Baltic of Gatas . The clearance was granted following commitments by Saferoad Baltic to preserve effective competition in the markets for the supply of road barrier systems and their installation and maintenance.
THE OWNER OF DELFI.LT, WHO DID NOT OBTAIN APPROVAL FROM THE COMPETITION COUNCIL, WILL HAVE TO SELL ONE OF ITS NEWS PORTALS
The Competition Council has not cleared the transaction by which the Estonian company Ekspress Grupp , which operates the news portal delfi.lt , acquired Lrytas , which operates the news portal lrytas.lt , and has ordered the company to restore the previous situation or remedy the effects of the concentration by selling one of the portals.
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.
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.
COMPETITION COUNCIL DENIES TV3 SHAREHOLDER'S TAKEOVER OF LITHUANIA'S LARGEST RADIO STATION GROUP
All Media Lithuania will not be able to acquire 100% of the shares of three companies that operate the radio stations M-1, M-1 Plus, Lietus, Laluna, Raduga , and the company Reklamos ekspertai . The Competition Council did not clear the transaction after finding that the concentration would create or strengthen a dominant position or...