Competition Council

Coca-Cola acquires Lithuanian bottled water producer Neptūnas

Coca-Cola is buying Lithuanian bottled water company Neptūno Vandenys.

Swedbank and Danske Bank deal may need Competition Council's approval

Swedbank 's deal with Danske Bank on taking over the latter's retail banking services might put the Swedish bank into a dominant market position and...

Kaunas University of Technology to acquire ISM University of Management and Economics

The Kaunas University of Technology (KTU) and the ISM University of Management and Economics (ISM) in Vilnius will soon become partners when KTU acquires a...

Forum Cinemas fined €1.4m for cartel agreement

Forum Cinemas , the Finnish company operating the biggest chains of cinemas in Lithuania, has been hit with a nearly €1.4 million fine for a cartel...

Amendments to curb corruption submitted to Lithuanian parliament

Lithuanian President Dalia Grybauskaitė submitted a bill aimed at curbing the shady donations from state and municipality controlled companies, preventing...