On March 30 the Supreme Administrative Court of Lithuania (Court) has approved settlement agreements between the Lithuanian competition authority Konkurencijos taryba and the companies Jadrana and Pasvalio melioracija in which EUR 18,720 and EUR 151,430 respective individual fines assigned to the infringers for a cartel agreement have been...
The Lithuanian competition authority Konkurencijos taryba assigned individual sanctions to the companies Būsto aplinka and Mano Būsto priežiūra which obstructed the inspection conducted by the authority’s officials.
The Lithuanian competition authority has terminated an investigation into a suspected abuse of dominance by a hazardous waste management company Toksika taking into account that the firm amended anti-competitive provisions of the contract with customers and few businesses might have been affected by the infringement of the state-owned company.
We, the ECN, join the European Council in its statement of 24 February 2022 (link), to condemn in the strongest possible terms Russia’s unprecedented military aggression against Ukraine. We stand firmly by Ukraine and its people as they face this war. We are fully aware of the social and economic consequences for Ukraine as well as for the EU/EEA.
Considering the development of e-commerce in recent years, the Lithuanian and Latvian competition authorities are launching parallel business surveys in their countries seeking to find out whether businesses encounter any possible restrictions of competition in online marketplaces and to identify common problems that are relevant for companies...
On March 8 the Organisation for Economic Co-operation and Development (OECD) decided to suspend the participation of Russia and Belarus in all OECD bodies, including the meetings of the OECD Competition Committee and its subsidiary bodies.
The Lithuanian competition authority Konkurencijos taryba has sent a letter to the firms managing five major retail chains urging them to take into account the recent changes in market conditions and to refrain from actions incompatible with good business practices in respect of food and drink suppliers which suspended or delayed the execution...
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.
We, the heads of the Lithuanian, Estonian, Latvian and Polish Competition Authorities, support the condemnation by our national governments of Russia‘s open large-scale aggression against an independent, peaceful, and democratic state of Ukraine.
The Lithuanian competition authority Konkurencijos taryba has updated the merger filing fees, as well as fees for the examination of requests to perform individual merger actions. The fees are based on the expenses incurred by the authority last year and will apply to undertakings from 1 March 2022
We, the heads of the Lithuanian, Estonian and Latvian Competition Authorities, support the condemnation by our national governments of Russia‘s open large-scale aggression against an independent, peaceful, and democratic state of Ukraine.
The study of the Lithuanian businesses’ understanding of the rights and obligations established in the Law on Competition has revealed that although many interviewed companies are aware of the main competition law principles, there is a lack of knowledge about the application of certain law provisions, liability for infringements and the...