Competition, Construction, Lithuania, Markets and Companies, Retail
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Saturday, 21.12.2024, 13:26
Lithuania: Konkurencijos taryba hasn’t spotted anti-competitive agreements between construction, repair and household product manufacturers and sellers
During the
investigation, which was launched on 17 April 2018, the authority sought to
find out whether UAB Tikkurila, SIA Tikkurila, UAB Kesko
Senukai Lithuania, UAB Kesko Senukai Digital, UAB Ermitažas,
UAB DAW Lietuva and UAB Topcolor had been coordinating
product prices or performed other actions which might have restricted
competition and infringed the Law on Competition, as well as the Treaty on the
Functioning of the European Union (TFEU).
After analyzing information obtained during the inspections
and subsequently collected during the investigation, the experts of
Konkurencijos taryba did not find any circumstances allowing to conclude that
the aforementioned companies had entered into anti-competitive agreements.
Therefore, the investigation was terminated. At the same time, the authority
acknowledged that there are no reasonable grounds for suspecting the infringement
of the provisions of the TFEU.
Upon the occurrence of new circumstances, the investigation
may be renewed.
The Law on Competition prohibits all agreements which have
the purpose of restricting competition or which restrict or may restrict
competition, including agreements to set (fix) prices of certain goods and
services, share the product market on a territorial basis, according to groups
of buyers or in any other way, agreements to fix the production or sales volume
for certain goods, as well as to restrict technical development or investment.
The TFEU prohibits all agreements between undertakings,
decisions by associations of undertakings and concerted practices which may
affect trade between Member States and which have as their object or effect the
prevention, restriction or distortion of competition within the internal
market.
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