Competition Council

The Competition Council has authorised ERA Family Finance to acquire 100% of shares of PayRay Bank.

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 electricit...

Considering the rapid development of electric vehicle (EV) charging station infrastructure in Lithuania, the Competition Council has decided to monitor whether there are any barriers to competition in this sector, the authority announced.

Lithuania's competition authority has imposed a fine on Estonia’s Express Grupp media group for violating competition rules when purchasing Lithuania-based Lrytas company.

France's payment solutions group Edenred has applied for regulatory approval to buy EBV Finance, a Lithuanian tax services provider that is indirectly controlled by two private individuals.

Lithuania's Competition Council has cleared the acquisition of Silberauto, an importer and dealer of Mercedes-Benz cars in Lithuania and Estonia, by Finland's Veho, the council said on Thursday.

Lithuanian Competition Council (Konkurencijos taryba) found that the company Neste Lietuva infringed the Law on Advertising by spreading misleading advertising claims about Neste fuel. The company was fined EUR 8,688.

The Lithuanian Competition Council has imposed a fine of 1.07 million euros on the property administration and maintenance group City Service for obstructing an investigation.

The Lithuanian government on Wednesday ordered only the state-run postal company Lietuvos Pastas (Lithuanian Post) to deliver pensions by the end of 2026, despite objections from the Competition Council.

Whistleblowers who will help expose a cartel or other anti-competitive practices in Lithuania will be entitled to a financial reward of between 1,000 euros and 100,000 euros starting next month.

Several Lithuanian companies have been slapped with fines amounting to 978,000 euros in total for cartel agreements in bidding for municipal projects in three northern districts.

While populism has come to be regarded as a catch-all culprit for many of the ills befalling Europe and the world today, how does it overlap with the domain of competition law? This was the question addressed by Šarūnas Keserauskas, the Chairman of the Competition Council of Lithuania, during the Eu...

Lithuanian President Dalia Grybauskaitė has proposed stepping up measures aimed at protecting consumers from misleading advertising and ensuring fair competition.

Lithuanian retailers say they are open to the government's intention to more closely check retail chains' contracts with suppliers.

Prime Minister Saulius Skvernelis advises Lithuanians not to use the Yandex.Taxi ride-sharing application which he says collects excessive user data.

Vilnius Mayor Remigijus Šimašius has turned to Lithuanian's Competition Council, asking for an investigation into whether Yandex.Taxi advertising does not run counter to the country's laws and does not mislead consumers.

Lithuania's MG Baltic business group has called the State Security Department's claims about businessmen's attempts to influence the Competition Council and the Liberal Movement a "misunderstanding" and "absurd".

Elonas Šatas, a deputy chairman of Lithuania's Competition Council, pushed for backing MG Baltic business group's bid to acquire shares of Alita, one of the largest alcohol producers in Lithuania, according to a report by the country's State Security department.