PARLIAMENT APPROVES AMENDMENTS TO THE COMPETITION LAW
Today, the Seimas has adopted amendments to the Law on Competition related to the consultative function of the Competition Council and the procedure for the collection of fines and interest to the state budget in cases when the decision of the Authority is appealed to the court.
MM GRUPP MAY HAVE VIOLATED THE LAW BY TAKING CONTROL OF FORUM CINEMAS AND ITS CINEMAS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL
The Competition Council has completed its investigation into the implementation of an unnotified merger and has sent a notification of a possible infringement of the Law on Competition to the Estonian company MM Grupp .
INVESTIGATION INTO POSSIBLE PROHIBITED AGREEMENT IN PUBLIC PROCUREMENTS WILL NOT BE CONTINUED
The Competition Council has terminated its investigation into whether the actions of twelve companies complied with the requirements of the Law on Competition in public procurements organised by the Electricity Distribution Operator (ESO).
COMPETITION COUNCIL RECOMMENDS WAYS TO PROMOTE COMPETITION IN THE ELECTRIC VEHICLE CHARGING SECTOR
The Competition Council, after monitoring the electric vehicle (EV) charging sector, has issued recommendations to municipalities as well as the Ministry of Transport and Communications and the Ministry of Energy on how to promote effective competition and avoid possible negative consequences for consumers in the future.
COMPETITION COUNCIL EXPERTS SHARED THEIR EXPERIENCE WITH COLLEAGUES FROM MONTENEGRO
A two-day study visit of representatives from Montenegro's Competition Protection Agency has concluded today. During the visit, guests became familiar with the latest working practices of the Competition Council, its key operational principles, and engaged in discussions on topics relevant to both institutions.
THE COMPETITION COUNCIL REDUCES MERGER REVIEW FEES
The Competition Council has changed the amounts of fees for the examination of notifications of concentration and applications for authorisation to carry out individual concentration actions, considering the costs incurred by the Authority.
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.
BUSINESS SURVEY: MOST COMPANIES ARE AWARE OF THE REQUIREMENTS OF THE LAW ON COMPETITION, BUT EDUCATION IS STILL NEEDED
A survey conducted by Spinter Research on behalf of the Competition Council reveals that more than two-thirds of Lithuanian businesses are aware of the main requirements of competition law, such as the prohibition to enter into anti-competitive agreements. Given the continuing need to raise awareness of competition rules, the Authority will...
TWO SAUDI ARABIAN KINGDOM COMPANIES RECEIVED PERMISSION TO CARRY OUT A MERGER
Saudi Arabian Oil Company will be able to acquire a 22.5% share in Rabigh Refining and Petrochemicals Company (in addition to the 60% it already owns in total) and acquire sole control of the company. The transaction between the two Saudi Arabian companies was cleared by the Competition Council.
THE COMPETITION COUNCIL IDENTIFIES FOUR SECTORS TO PRIORITISE THIS YEAR
Energy, defence, retail trade, and digital markets – these are the sectors that the Competition Council has designated as priorities for 2025. The Authority plans not only to monitor developments in these markets but also to take proactive investigative and preventive actions, conduct educational initiatives, and collaborate with other...
COMPETITION COUNCIL STARTS ITS SUPERVISORY FUNCTIONS FOR DIGITAL MARKETS
Following the entry into force of the Law on the Supervision of Online Intermediation Services and Online Search Engines, as of 1 January 2025, the Competition Council will take on new supervisory functions for online platforms.
RESTRICTED COMPETITION BETWEEN DISTRIBUTORS HAS PREVENTED CONSUMERS FROM GETTING CHEAPER HEAT PUMPS
The Competition Council found that Iglu Tech , a manufacturer of heat pumps, had 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. As a result, Iglu Tech and its holding company, Unit Invest , were jointly...