Organisation: Competition Council of the Republic of Lithuania

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

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

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 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

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

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’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