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Thursday, 04.03.2021, 11:41
The Estonian Competition Authority on Tuesday decided to launch additional proceeding regarding a concentration in which MM Grupp OU is to acquire the Forum Cinemas movie businesses, writes LETA/BNS.
Keyword tags: Competition, Estonia, Markets and Companies, Mergers and take-overs
The annual Free Zones of the Year ranking, conducted by fDi Intelligence, a foreign direct investment service by the Financial Times group, recognised Klaipeda FEZ for sustainability solutions offered by its management as well as other companies operating within the Zone. It is the first award of this kind in Lithuania.
The Cabinet of Ministers on Tuesday appointed Juris Gaikis, head of the State Medical Commission for the Assessment of Health Condition and Working Ability and former head of the State Revenue Service's Tax Board, as the new head of the Competition Council, LETA informs.
The current system of markups for pharmaceuticals in Estonia is inadequate and supervision thereof fragmented, according to the Estonian Competition Authority, writes LETA/BNS.
B-Bus, a bus company engaged in passenger transport in Latvia and Lithuania, said it has tried unsuccessfully to enter the Estonian market for four years and finds that the market is not open to free competition from foreign carriers, writes LETA/BNS.
IMD: Singapore was number one for the second year in a row; Estonia is ranked 28st in the World Competitiveness Ranking
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.
Lithuania: Konkurencijos Taryba suggests stricter liability for major retailers‘ unfair practices to suppliers
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.