RELEVANT COMPETITION LAW ISSUES WERE DISCUSSED AT THE INTERNATIONAL CONFERENCE
Association activities and the regulation of digital markets were the focus of the traditional Baltic Competition Conference in Vilnius, which brought together competition law, economics and other professionals from several countries in the region.
THE COMPETITION COUNCIL AND ITS PARTNERS WILL IMPLEMENT A PROJECT ON DIGITAL MARKETS
The Competition Council, together with the Polish and Latvian competition authorities and the Organisation for Economic Co-operation and Development (OECD), will implement the European Union (EU) technical assistance project "Competition Market Study: Digital Sector – Poland, Latvia and Lithuania" to help ensure competitiveness in the digital...
THE COMPETITION COUNCIL CLEARS TRANSACTION FOR ESTONIAN COMPANIES
Aktsiaselts Infortar will be able to acquire 21.71% of the shares in Aktsiaselts Tallink Grupp, together with the existing shares for a total of 68.47%, and take over sole control of it. The transaction has been cleared by the Competition Council.
THE COMPETITION COUNCIL INVITES TO THE INTERNATIONAL CONFERENCE TO DISCUSS ASSOCIATION ACTIVITIES AND THE SUPERVISION OF DIGITAL MARKETS
On 12 September, the Competition Council will host the traditional Baltic Competition Conference (BCC), where professionals from the fields of competition law, economics, and other areas will discuss current issues in competition policy, with a particular focus on the regulation of association activities and digital markets.
A HEAT PUMP MANUFACTURER IS SUSPECTED OF PRICE FIXING IN THE RESALE OF ITS PRODUCTS, THEREBY RESTRICTING COMPETITION BETWEEN DISTRIBUTORS
The Competition Council suspects that Iglu Tech , a manufacturer of heat pumps, has restricted competition among its distributors by fixing the resale prices of its products to be charged to the end-users by the companies that distributed heat pumps throughout Lithuania. The Statement of Objections (SO) was also sent to Axioma Servisas , which...
THE COMPETITION COUNCIL CHANGES ITS SANCTIONING PRACTICE FOR UNREPORTED BUSINESS TRANSACTIONS
A merger or acquisition transaction executed without the approval of the Competition Council is a serious breach of competition law, for which the company implementing the concentration is held liable. In order to ensure that the fines more proportionately reflect the financial capabilities of the offender benefiting from the unreported...
COMPANIES SELLING COSMETICS AND PERSONAL CARE PRODUCTS WILL BE ABLE TO CARRY OUT THE TRANSACTION
The Competition Council has authorised Kosmelita to acquire 100% of the shares of Bodybalt , a Latvian company with a branch in Lithuania, and 100% of the shares of Bodybalt , an Estonian company, and to take over the sole control of these companies.
ENEFIT HAS INFRINGED THE LAW BY IMPLEMENTING A TRANSACTION WITHOUT THE CLEARANCE OF THE COMPETITION COUNCIL
The Competition Council has found that the electricity supply company Enefit infringed the Law on Competition when it entered a transaction with EGTO Energija without notifying the Authority and without obtaining its permission and took over the latter's retail contracts for the supply of electricity to its customers.
THE GUIDELINES OF THE COMPETITION COUNCIL PROVIDE RECOMMENDATIONS FOR E-COMMERCE BUSINESSES
In order to contribute to a better understanding of the competition law requirements for businesses in the digital space, the Competition Council has prepared Guidelines on e-commerce, which provide the most relevant information on the prohibition of anti-competitive agreements and recommendations for the e-commerce sector.
THE COMPETITION COUNCIL AND PARTNERS WILL IMPLEMENT AN EU TWINNING PROJECT IN MOLDOVA
A consortium of Lithuanian, Romanian and Polish competition authorities will implement an EU Twinning project in Moldova to strengthen the institutional capacity of the Competition Council of Moldova to implement competition and state aid policy in line with EU best practice.
ENEFIT MAY HAVE INFRINGED THE LAW BY TAKING OVER CONTRACTS OF EGTO ENERGIJA CUSTOMERS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL
The Competition Council has completed its investigation into the implementation of an unnotified concentration and sent a Statement of Objections (SO) to Enefit , an electricity supplier, for a possible infringement of the Law on Competition.
A NOTICE OF SUSPECTED VIOLATION HAS BEEN SENT TO COMPANIES SELLING FOOD SUPPLEMENTS AND COSMETIC PRODUCTS
The Competition Council concluded its investigation and sent a Statement of Objections (SO) to Giantera , a company supplying and distributing food supplements and cosmetics under the brand name Dr. Ohhira , and to other companies distributing these products.