Competition

International Internet Magazine. Baltic States news & analytics Monday, 06.07.2020, 04:55

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IMD: Singapore was number one for the second year in a row; Estonia is ranked 28st in the World Competitiveness Ranking

IMD: Singapore was number one for the second year in a row; Estonia is ranked 28st in the World Competitiveness Ranking

16.06.2020

Estonia jumped considerably in global competitiveness ranking this year. Estonia rose by 7 notches to 28th position this year. Lithuania drops to 31st place in the ranking. Latvia inched down by one notch to the 41st position, and Poland came in 39th, from 38th last year.

Keyword tags: Analytics, Baltic, Competition, Economics, EU – Baltic States, Good for Business, Markets and Companies, Rating



Lithuania: Konkurencijos Taryba suggests stricter liability for major retailers‘ unfair practices to suppliers

Lithuania: Konkurencijos Taryba suggests stricter liability for major retailers‘ unfair practices to suppliers

07.05.2020

After conducting the monitoring of the implementation of the Law on the Prohibition of Unfair Practices of Retailers (Law), in its report provided to the Government the Lithuanian competition authority Konkurencijos taryba suggested that higher fines should be envisaged for major retailers for their unfair practices to food and drink suppliers.

Lithuania: Konkurencijos taryba hasn’t spotted anti-competitive agreements between construction, repair and household product manufacturers and sellers

Lithuania: Konkurencijos taryba hasn’t spotted anti-competitive agreements between construction, repair and household product manufacturers and sellers

26.03.2020

Konkurencijos taryba has terminated investigation into the alleged anti-competitive agreement among 7 Lithuanian and Latvian companies engaged in the production and sales of construction, repair and household good, Konkurencijos taryba`s representative informed BC.


Abrama to step down as Competition Council head in April

Abrama to step down as Competition Council head in April

07.01.2020

Skaidrite Abrama will step down as the Competition Council head in April, Economics Minister Ralfs Nemiro (KPV LV) said LETA.

Neste Lithuania gets EUR 8,700 fine for misleading advertizing

Neste Lithuania gets EUR 8,700 fine for misleading advertizing

29.10.2019

Neste Lietuva (Neste Lithuania), a Finnish-capital service station chain, has been fined for misleading consumers with its advertizing, Lithuania's Competition Council said BC.


22.10.2019

Maxima LT receives fine for unfair commercial practices

Konkurencijos taryba found that the company Maxima LT infringed the Law on the Prohibition of Unfair Practices of Retailers (Law) by setting requirement for food and drink suppliers to pay fees for sales promotion, and by envisaging fines or compensation for failure to comply with the set obligations.

11.10.2019

Lithuania: Court imposed sanctions on managers of cartelists

Vilnius Regional Administrative Court (Court) partially upheld the request of Konkurencijos taryba and restricted the right of D. L., manager of the company Ledevila, Ž. K., former manager of Elmis, and L. K., former manager of Vortex Capital, to occupy managerial positions in the public or private sector for their involvement in competition law breaches, the Lithuanian Competition Council`s representatives informed BC.

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