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...
The Competition Council has allowed Kauno Liftai to carry out the concentration after acquiring 100% of the shares of Baltijos Liftai and Šiaulių Liftas companies. The clearance was granted following a commitment by Kauno Liftai to divest part of its business and thus restore effective competition in the market for maintenance and repair...
The competition law journal and news service Global Competition Review, which conducts an annual ranking of the world‘s competition authorities, gave the Lithuanian competition authority Konkurencijos taryba three stars of five for eight years in a row. Competition authorities from Belgium, Latvia, Poland, Switzerland and some other countries...
T oday t he Lithuanian competition authority Konkurencijos taryba r efused t o clear the acquisition of 1 00 per cent of the s hares and sole control of the Lithuanian company B altic M ill by the L atvian firm D obeles d zirnavnieks . The a uthority f ound t hat t he merger w ould c reate o r s trengthen the...
Today the Lithuanian competition authority Konkurencijos taryba has refused to clear the merger whereby the Estonian company Piletilevi Group acquired 100 per cent of the shares and sole control of the Lithuanian ticket distributor Tiketa. The authority found that the merger created or strengthened a dominant position or substantially...
Having conducted the annual impact assessment of its activities, the Lithuanian competition authority Konkurencijos taryba calculated that direct expected benefits to consumers over the period of 2019–2021 amounted to an average of EUR 15.6 million per year and exceeded the authority’s annual budget 6.2 times.