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KAUNO LIFTAI HAS PROPERLY FULFILLED ITS COMMITMENTS

02 05 2024

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. 

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ONLINE MARKETPLACES MONITORING: NO OBVIOUS COMPETITION PROBLEMS SO FAR, BUT BUSINESSES ARE ADVISED TO ASSESS THE RISKS OF CERTAIN PRACTICES
19 07 2023

The Competition Council, after conducting monitoring of online marketplaces, did not identify any obvious illegal competition restraints or other factors that effectively restrict competition in electronic commerce. However, the Authority has drawn the attention of the sector to certain business practices that may pose a risk of restricting...

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STUDY REVEALS THAT LITHUANIAN BUSINESSES’ NEED FOR COMPETITION ADVOCACY REMAINS HIGH
13 01 2022

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...

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SHARING RADIO FREQUENCIES MAY REDUCE COMPETITION BETWEEN MOBILE OPERATORS
12 07 2021

The Lithuanian competition authority’s experts expressed doubts whether the obligation for all operators acting in Lithuania to share radio frequencies of the 700 MHz band, which will be the main (or one of the main) frequencies for the development of 5G technology, would be necessary and proportionate to the objectives pursued.

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RETAILER PALINK RECEIVES FINE FOR UNFAIR COMMERCIAL PRACTICES TO FOOD AND DRINK SUPPLIERS  
18 06 2020

Konkurencijos taryba found that UAB Palink , one of the major retail companies in Lithuania, infringed the Law on the Prohibition of Unfair Practices of Retailers (Law) when it required from 7 food and drink suppliers to spend all of their preliminary budget intended for sales promotion activities.

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KONKURENCIJOS TARYBA PUBLISHES EXPLANATORY NOTE ON INSPECTIONS PERFORMED AT BUSINESS PREMISES
29 04 2020

The Lithuanian competition authority Konkurencijos taryba has prepared an explanatory note for companies and their lawyers to give more clarity on the procedures of the inspections carried out at business premises by the authority‘s authorised officials.

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MAXIMA LT RECEIVES SANCTION FOR UNFAIR COMMERCIAL PRACTICES TO SUPPLIERS
22 10 2019

Konkurencijos taryba found that the company Maxima LT infringed the Law on the Prohibition of Unfair Practices of Retailers (Law) by setting requirement for food and drink suppliers to pay fees for sales promotion, and by envisaging fines or compensation for failure to comply with the set obligations.

EESTI MEEDIA PROPERLY IMPLEMENTED SET OBLIGATIONS
20 08 2018

The Lithuanian competition authority Konkurencijos taryba acknowledged that the Estonian company Eesti Meedia , which did not receive the clearance of the acquisition of 100 per cent of AllePAL shares and which was obliged to take actions re-establishing the state prior to the merger or eliminating the identified competition concerns, properly implemented obligations set by Konkurencijos taryba.

COMPETITION COUNCIL CLEARED ACQUISITION OF 100 PER CENT OF PALINK SHARES BY RIMI LIETUVA SUBJECT TO CONDITIONS
18 10 2017

On October 18 the Competition Council cleared the acquisition of 100 per cent of UAB Palink ( PALINK ) shares and control by UAB Rimi Lietuva ( RIMI ) on condition that RIMI will sell part of its business related to retail trade.

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COMPETITION COUNCIL CLEARS ACQUISITION OF BTA BALTIC INSURANCE COMPANY AAS BY VIENNA INSURANCE GROUP AG  SUBJECT TO CONDITIONS
19 08 2016

On 18 August the Competition Council (hereinafter – Council) cleared the acquisition of 100 per cent of BTA Baltic Insurance Company AAS  (hereinafter –  BTA ) shares by  VIENNA INSURANCE GROUP AG  (hereinafter –  VIG ) on condition that VIG  will sell the part of business of Compensa Vienna Insurance Group ,...

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TRAKAI DISTRICT MUNICIPALITY CONTINUES GRANTING PRIVILEGES TO UAB TRAKŲ PASLAUGOS
28 07 2016

The Competition Council (hereinafter – the Council) found that Trakai District Municipality (hereinafter – Municipality) did not create non-discriminatory conditions for undertakings willing to execute maintenance works of public areas in Trakai District and, thus, failed to comply with the obligations imposed by the Council.

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COMPETITION COUNCIL CLEARS ACQUISITION OF DANSKE BANK A/S LIETUVOS FILIALAS BY AB SWEDBANK AND UAB SWEDBANK LIZINGAS
22 03 2016

The Competition Council cleared the acquisition of part of the assets, rights and obligations of  Danske Bank A/S Lietuvos filialas  by  AB   Swedbank  and  UAB   Swedbank lizingas .

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