Competition Council

Germany's Rewe takes control of Lithuanian supermarket chain Iki

Germany's retail giant Rewe has increased its stake in Palink, the owner of Lithuania's largest supermarket chain Iki from 55.58 percent to 93.75 percent,...

President proposes tougher penalties for misleading advertising

Lithuanian President Dalia Grybauskaitė has proposed stepping up measures aimed at protecting consumers from misleading advertising and ensuring fair...

Lithuanian retailers say open to contract checks, doubt about new market player

Lithuanian retailers say they are open to the government's intention to more closely check retail chains' contracts with suppliers.

PM Skvernelis advises against using Yandex.Taxi app

Prime Minister Saulius Skvernelis advises Lithuanians not to use the Yandex.Taxi ride-sharing application which he says collects excessive user data.