The European, Middle Eastern and African Antitrust Review 2018

Lithuania: Overview

Regulatory framework The primary source of competition law in Lithuania is the Competition Law of the Republic of Lithuania of 1999 (the Law). Subsequently, the Law has been revised as a result of Lithuania's accession to the EU and the Lithuanian competition regime is now largely aligned with the EU model. The most recent amendment was made in 2017, when the Directive 2014/104/EU of the European Parliament and of the Council of 26 November 2014 was implemented in the Law. The national supervisory authority and competition watchdog is the Competition Council (the Council). The Council has passed a good deal of secondary legislation facilitating the implementation of the provisions of the Law.

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