With the numbers of companies moving their businesses online growing, the problems related to digital markets are becoming increasingly relevant for national competition authorities. It is a task for each competition authority to continuously strengthen its investigative capacities and technological skills, as well as develop close cooperation...
The Lithuanian Competition Council is organising a traditional Baltic competition conference, which will take place on 18 May 2021 , and invites competition law practitioners, businesses, public sector and academic community for a discussion on the role of small competition authorities in investigating digital markets, developments and...
The antitrust and competition law journal and news service Global Competition Review has conducted an annual survey of the world‘s leading competition authorities and for six years in a row gave the Lithuanian Konkurencijos taryba three stars out of five, placing it next to competition agencies from Sweden, Norway, Netherlands or Belgium.
The Lithuanian competition authority Konkurencijos taryba has found that the Lithuanian transport safety administration (LTSA) infringed the Law on Competition when it extended contracts with 42 regular road passenger transport service providers without a competitive procedure, thereby restricting competition and impeding the entry of new market...
The Lithuanian competition authority Konkurencijos taryba has launched an investigation into a suspected anti-competitive agreement among the Lithuanian Basketball League (Lietuvos krepšinio lyga – LKL) and basketball clubs after evaluating their exchange of information on the terms of payment of basketball players‘ salaries during the meeting...
The Supreme Administrative Court of Lithuania (Court) partially satisfied the request of Konkurencijos taryba and restricted the right of Justinas Vanagas, manager of the firm VšĮ Media medis and Aušrinė Jurgelionytė, manager of Ministerium, to occupy managerial positions for 6 months and respectively imposed EUR 4,000 and EUR 2,000 fines for...
Vilnius Regional Administrative Court (Court) satisfied the request of Konkurencijos taryba to impose personal liability on the former manager of Žagarės inžinerija for his direct involvement in the anti-competitive agreement between his firm and its competitor. The Court decided to restrict the right of the company’s manager to occupy...
From July 1 persons who provide evidence enabling Konkurencijos taryba to detect anti-competitive agreements will be entitled to a financial reward. It is hoped that this will encourage the society to take a more active role in reporting to the Lithuanian competition authority cartels or other anti-competitive agreements entered into by the...
Konkurencijos taryba found that companies Pasvalio melioracija , Jadrana , Panevėžio melioracija and Biržų ranga concluded a bid-rigging cartel: cartelists colluded their actions and bids, including bid price, and agreed in advance on the winner of the tender. Konkurencijos taryba fined these companies a total of EUR 977,900.
The District Court of Vilnius imposed a fine of almost EUR 500 on V. M. for failure to leave the managerial position in a company that was involved in a cartel agreement.
The Supreme Administrative Court of Lithuania agreed to renew court proceedings concerning an anti-competitive agreement on the biofuel market as requested by the Lithuanian competition authority Konkurencijos taryba.