Organisation: Competition Council of the Republic of Lithuania

Lithuanian media giant slams radio station deal block

The head of a leading Baltic media company has criticised the Lithuanian Competition Council’s decision to block its acquisition of a radio and advertising group, arguing the prohibition will hinder its ability to compete with advertising giants such as Google and Meta.

20 September 2023

Lithuanian court rejects below-threshold merger review challenge

Lithuania’s Competition Council was entitled to delay the opening of an investigation into an event ticket seller’s already completed acquisition as the merging parties failed to provide all the relevant information when filing the deal, an appellate court has held.

01 September 2023

Lithuanian antitrust enforcer flags concerns over forestry legislation

A proposed amendment to Lithuania’s forestry law may be anticompetitive since it could create favourable opportunities for some domestic companies to process wood from state-owned forests, the country’s antitrust watchdog has said.

04 August 2023

Šarūnas Keserauskas: the exit interview

Šarūnas Keserauskas spent 12 years at the helm of Lithuania’s Competition Council before stepping down at the end of April. He spoke with GCR about how smaller authorities are better able to tackle novel antitrust issues, why the Lithuanian watchdog is prioritising labour markets and how he developed the agency into a sophisticated enforcer despite funding constraints.

02 June 2023

Lithuanian chair appointment signals stability, lawyers say

The president of Lithuania has named long-serving competition enforcer Jolanta Ivanauskienė to head the country’s antitrust watchdog, replacing outgoing president Šarūnas Keserauskas at the end of his second term.

11 April 2023

Lithuania should have reviewed illegal dawn raid claims, ECtHR rules

The European Court of Human Rights has found national courts in Lithuania violated a retail chain’s right to protect correspondence by refusing to review allegations that Lithuania’s Competition Council unlawfully seized evidence during a dawn raid.

04 April 2023

Lithuania issues largest-ever cartel fines

Lithuania’s Competition Council has levied a record €72 million cartel fine on eight pharmaceutical companies and an industry association that conspired to influence the government when it set new maximum prices for certain drugs.

13 December 2022

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