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Lithuanian Competition Council (KT)

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uuid004qxd3

Namestring
Lithuanian Competition Council (KT)
Legal namestring
Konkurencijos taryba
Websiteurl
kt.gov.lt
Company typeenum
Private
Founded yearstring
-
Descriptiontext

The Lithuanian Competition Council (Konkurencijos taryba, KT) is the national competition authority of the Republic of Lithuania, established as a state budget institution (Valstybės biudžetinė įstaiga, legal entity code 188668192) headquartered at Jogailos g. 14, Vilnius. Founded in 1992 and employing 53 staff, KT enforces competition law across all sectors of the Lithuanian economy, with jurisdiction over anti-competitive agreements (cartels), abuse of dominant position, merger review, state aid monitoring, retail trade, public procurement, and digital markets. It operates under the Law on Competition and Article 101 of the Treaty on the Functioning of the European Union, and publishes a registry of more than 2,000 decisions spanning 1999-2026.

KT's underlying technology stack is government regulatory infrastructure rather than commercial software. Its primary digital assets are the KOTIS State Aid and De Minimis Aid Register (kotis.kt.gov.lt), which since 2024 has tracked approximately EUR 1.924 billion in state aid granted to 81,585 recipients and EUR 552.86 million in de minimis aid; a searchable decisions database (Nutarimų duomenų bazė) of Council rulings; an e-learning platform (E. mokymų platforma, launched January 2022) for competition law training; and a video gallery of educational content (active since March 2025). KT is governed by Chairwoman J. Ivanauskienė and operates with legal-form independence while being subject to government oversight.

KT's business model is entirely non-commercial: it is funded through the Lithuanian state budget and delivers regulatory enforcement, merger approvals, market studies, and compliance guidance as public administrative functions. There is no pricing model, no paying customer base, no headcount growth driven by commercial demand, and no private equity or M&A activity. Recent activity (2025-2026) has concentrated on digital markets enforcement (Treatwell LT investigation, OECD recommendations), defense-sector M&A review in cooperation with the Special Investigations Service and Public Procurement Agency, and continued sectoral investigations in dairy processing and coffee equipment distribution.

Short descriptiontext

Lithuanian Competition Council (Konkurencijos taryba) is Lithuania's national competition authority, a 53-employee state budget institution that enforces competition law, reviews mergers, monitors state aid via the KOTIS registry, and conducts market studies across all sectors of the Lithuanian economy.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersVilnius, Lithuania
HQ citystring
Vilnius
HQ countrystring
Lithuania
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
competition law enforcement, merger control regulation, state aid oversight, antitrust supervision, regulatory compliance
Industry2 codes
1Competition/Antitrust & Market Conduct Regulators
CodeBPAIAOADPrimaryYes
2Competition Policy, State Aid & Public Procurement Regulatory Cooperation
CodeBPADANAOPrimaryNo
NAICS code2 codes
  • Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors92615
  • Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors926150
Product category
Competition Law Enforcement
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1KOTIS
Description

State Aid and De Minimis Aid Register system managed by the Competition Council for tracking state subsidies in Lithuania

kotis.kt.gov.lt
Core offering1 text field

The Lithuanian Competition Council (KT) enforces competition law in Lithuania, overseeing merger control, anticompetitive agreements, abuse of dominance, and state aid compliance. As a state budget institution established in 1992, it provides regulatory supervision and maintains public digital platforms including the KOTIS state aid register, a rulings database, an e-learning platform, and a video gallery for stakeholder access.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • The Council publishes annual activity reports, has processed over 2,000 decisions since 1999, and maintains ongoing investigations in sectors including dairy processing, digital platforms (Treatwell LT), and coffee equipment distribution
Product overview1 text field

The Lithuanian Competition Council (KT) operates as Lithuania's competition law enforcement authority, providing public-facing digital services rather than commercial products. Its primary digital offerings include the KOTIS state aid register for tracking government assistance to businesses, an e-learning platform (E. mokymų platforma) for competition law education, a video gallery with educational content on cartels and competition topics, and a searchable database of official rulings and decisions. These are government information services, not commercial technology products.

Product and service4 records
1KOTIS State Aid Register
CategoryState aid oversight and reporting
Description

A centralized digital register of state aid cases administered by the Lithuanian Competition Council, used by aid providers (government bodies, municipalities) and aid recipients (businesses) to record, track, and oversee state aid compliance in Lithuania.

2E-learning Platform
CategoryEducation and training
Description

An online educational platform hosted by the Lithuanian Competition Council providing training content on competition law topics for legal professionals, businesses, academics, and the general public.

3Video Gallery
CategoryMedia and communications
Description

An online video resource hosted on the Council's website featuring recorded material related to competition law, the Council's work, and related educational content for public and stakeholder consumption.

4Rulings Database (Nutarimų duomenų bazė)
CategoryLegal research and transparency
Description

A searchable public database of the Lithuanian Competition Council's rulings and decisions, used by lawyers, businesses, researchers, and the public to research competition law precedents and outcomes.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-07-15
Description

Three institutions continue to provide expert assistance regarding acquisitions in the defense sector. The Competition Council collaborates with these agencies on matters involving mergers and acquisitions affecting national security and public procurement.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-19
Description

The OECD provides recommendations to Lithuania's Competition Council on promoting competition in digital markets and ensuring their openness. This international cooperation helps align Lithuania's competition policy with international best practices.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeOthers
Description

International organization providing competition policy recommendations, peer reviews, and best-practice guidance - cited explicitly as a current partner of KT. Comparable as an ecosystem participant shaping the regulatory environment in which KT operates, rather than a direct competitor.

TypeDirect peer
Description

Sweden's national competition authority enforcing corresponding competition and public procurement rules, with similar institutional structure and EU Member State cooperation profile.

TypeDirect peer
Description

Finnish competition and consumer authority with similar mandate across competition enforcement, merger control, and consumer protection - a like-sized EU Member State peer with comparable scope.

TypeDirect peer
Description

Czech competition authority with equivalent mandate in cartel enforcement, merger review, and abuse of dominance cases, alongside public procurement oversight. Comparable institutional role within the Visegrád/central European context.

5Estonian Competition Authority (ECA)
TypeRegional player
Description

The Estonian national competition authority, third Baltic peer to KT. Comparable in scope (cartels, merger control, state aid monitoring) and Baltic-region context.

6Hungarian Competition Authority (GVH)
TypeDirect peer
Description

Hungary's national competition authority with parallel functions in anti-competitive agreements, concentration control, and unfair commercial practices regulation. Comparable EU Member State enforcement peer.

TypeBroad incumbent
Description

The supranational EU competition authority enforcing Articles 101 and 102 TFEU and the EU Merger Regulation. Directly comparable to KT as both enforce EU competition law, but DG COMP operates at pan-European scale while KT focuses on Lithuania-specific matters and national law enforcement.

8Office of Competition and Consumer Protection (UOKiK) - Poland
TypeDirect peer
Description

Poland's national competition and consumer protection authority, a key regional peer with similar enforcement scope over cartels, mergers, abuse of dominance, and consumer protection - including analogous retail trade oversight of which KT also has jurisdiction.

9Austrian Federal Competition Authority (BWB)
TypeDirect peer
Description

Austria's national competition authority with analogous powers over cartel prohibition, merger control, and abuse of dominance under EU and national law. Same enforcement toolkit and EU Member State context as KT.

10Latvian Competition Council (KP)
TypeRegional player
Description

Lithuania's closest regional peer - the Latvian national competition authority enforcing analogous competition law provisions within the Baltic context. Directly comparable in mandate, organizational structure, and EU cooperation role.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Lithuanian Competition Council (KT)

Competition Law Enforcementkt.gov.lt

Lithuanian Competition Council (Konkurencijos taryba) is Lithuania's national competition authority, a 53-employee state budget institution that enforces competition law, reviews mergers, monitors state aid via the KOTIS registry, and conducts market studies across all sectors of the Lithuanian economy.

What Lithuanian Competition Council (KT) does

The Lithuanian Competition Council (Konkurencijos taryba, KT) is the national competition authority of the Republic of Lithuania, established as a state budget institution (Valstybės biudžetinė įstaiga, legal entity code 188668192) headquartered at Jogailos g. 14, Vilnius. Founded in 1992 and employing 53 staff, KT enforces competition law across all sectors of the Lithuanian economy, with jurisdiction over anti-competitive agreements (cartels), abuse of dominant position, merger review, state aid monitoring, retail trade, public procurement, and digital markets. It operates under the Law on Competition and Article 101 of the Treaty on the Functioning of the European Union, and publishes a registry of more than 2,000 decisions spanning 1999-2026.

KT's underlying technology stack is government regulatory infrastructure rather than commercial software. Its primary digital assets are the KOTIS State Aid and De Minimis Aid Register (kotis.kt.gov.lt), which since 2024 has tracked approximately EUR 1.924 billion in state aid granted to 81,585 recipients and EUR 552.86 million in de minimis aid; a searchable decisions database (Nutarimų duomenų bazė) of Council rulings; an e-learning platform (E. mokymų platforma, launched January 2022) for competition law training; and a video gallery of educational content (active since March 2025). KT is governed by Chairwoman J. Ivanauskienė and operates with legal-form independence while being subject to government oversight.

KT's business model is entirely non-commercial: it is funded through the Lithuanian state budget and delivers regulatory enforcement, merger approvals, market studies, and compliance guidance as public administrative functions. There is no pricing model, no paying customer base, no headcount growth driven by commercial demand, and no private equity or M&A activity. Recent activity (2025-2026) has concentrated on digital markets enforcement (Treatwell LT investigation, OECD recommendations), defense-sector M&A review in cooperation with the Special Investigations Service and Public Procurement Agency, and continued sectoral investigations in dairy processing and coffee equipment distribution.

Lithuanian Competition Council (KT) firmographics

Firmographics
Name
Lithuanian Competition Council (KT)
Legal name
Konkurencijos taryba
Website
https://kt.gov.lt
Company type
Private
Operating status
Operating
Headcount range
51–100 employees
Short description
Lithuanian Competition Council (Konkurencijos taryba) is Lithuania's national competition authority, a 53-employee state budget institution that enforces competition law, reviews mergers, monitors state aid via the KOTIS registry, and conducts market studies across all sectors of the Lithuanian economy.
Ownership category
akta.pro rank

Lithuanian Competition Council (KT) industry classification

Industry
Product category
Competition Law Enforcement
NAICS
Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (926150)
akta.pro primary industry
Competition/Antitrust & Market Conduct Regulators (BPAIAOAD)
akta.pro secondary industry
Competition Policy, State Aid & Public Procurement Regulatory Cooperation (BPADANAO)

Keywords

  • Competition law enforcement
  • Merger control regulation
  • State aid oversight
  • Antitrust supervision
  • Regulatory compliance

Where Lithuanian Competition Council (KT) is headquartered

Location

Headquarters

HQ city
Vilnius
HQ country
Lithuania
HQ region
Europe

Offices1 record

Markets served

Lithuanian Competition Council (KT) business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Infrastructure

Distribution channels3 records

Marketing channels5 records

Lithuanian Competition Council (KT) product offering

Product offering

Core offering

The Lithuanian Competition Council (KT) enforces competition law in Lithuania, overseeing merger control, anticompetitive agreements, abuse of dominance, and state aid compliance. As a state budget institution established in 1992, it provides regulatory supervision and maintains public digital platforms including the KOTIS state aid register, a rulings database, an e-learning platform, and a video gallery for stakeholder access.

Product overview

The Lithuanian Competition Council (KT) operates as Lithuania's competition law enforcement authority, providing public-facing digital services rather than commercial products. Its primary digital offerings include the KOTIS state aid register for tracking government assistance to businesses, an e-learning platform (E. mokymų platforma) for competition law education, a video gallery with educational content on cartels and competition topics, and a searchable database of official rulings and decisions. These are government information services, not commercial technology products.

Differentiator

Problem solved

Functional benefit

Brands

  • KOTIS: State Aid and De Minimis Aid Register system managed by the Competition Council for tracking state subsidies in Lithuania

Products and services

  • KOTIS State Aid Register A centralized digital register of state aid cases administered by the Lithuanian Competition Council, used by aid providers (government bodies, municipalities) and aid recipients (businesses) to record, track, and oversee state aid compliance in Lithuania.
  • E-learning Platform An online educational platform hosted by the Lithuanian Competition Council providing training content on competition law topics for legal professionals, businesses, academics, and the general public.
  • Video Gallery An online video resource hosted on the Council's website featuring recorded material related to competition law, the Council's work, and related educational content for public and stakeholder consumption.
  • Rulings Database (Nutarimų duomenų bazė) A searchable public database of the Lithuanian Competition Council's rulings and decisions, used by lawyers, businesses, researchers, and the public to research competition law precedents and outcomes.

Quantifiable outcome

  • The Council publishes annual activity reports, has processed over 2,000 decisions since 1999, and maintains ongoing investigations in sectors including dairy processing, digital platforms (Treatwell LT), and coffee equipment distribution

Companies that use Lithuanian Competition Council (KT)

Customer profile

Segments3 records

Ideal customer profiles1 record

Lithuanian Competition Council (KT) technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Lithuanian Competition Council (KT) partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Special Investigations Service and Public Procurement AgencycoreStrategic or Co-development Partner · 15 July 2026Three institutions continue to provide expert assistance regarding acquisitions in the defense sector. The Competition Council collaborates with these agencies on matters involving mergers and acquisitions affecting national security and public procurement.
  • OECD (Organisation for Economic Co-operation and Development)coreStrategic or Co-development Partner · 19 May 2026The OECD provides recommendations to Lithuania's Competition Council on promoting competition in digital markets and ensuring their openness. This international cooperation helps align Lithuania's competition policy with international best practices.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Lithuanian Competition Council (KT) competitors and assessment

Company assessment

Others

  • OECD Competition Division: International organization providing competition policy recommendations, peer reviews, and best-practice guidance - cited explicitly as a current partner of KT. Comparable as an ecosystem participant shaping the regulatory environment in which KT operates, rather than a direct competitor.

Direct peers

  • Swedish Competition Authority (KKV): Sweden's national competition authority enforcing corresponding competition and public procurement rules, with similar institutional structure and EU Member State cooperation profile.
  • Finnish Competition and Consumer Authority (FCCA / Kilpailu- ja kuluttajavirasto): Finnish competition and consumer authority with similar mandate across competition enforcement, merger control, and consumer protection - a like-sized EU Member State peer with comparable scope.
  • Office for the Protection of Competition - Czech Republic (UOHS): Czech competition authority with equivalent mandate in cartel enforcement, merger review, and abuse of dominance cases, alongside public procurement oversight. Comparable institutional role within the Visegrád/central European context.
  • Hungarian Competition Authority (GVH): Hungary's national competition authority with parallel functions in anti-competitive agreements, concentration control, and unfair commercial practices regulation. Comparable EU Member State enforcement peer.
  • Office of Competition and Consumer Protection (UOKiK) - Poland: Poland's national competition and consumer protection authority, a key regional peer with similar enforcement scope over cartels, mergers, abuse of dominance, and consumer protection - including analogous retail trade oversight of which KT also has jurisdiction.
  • Austrian Federal Competition Authority (BWB): Austria's national competition authority with analogous powers over cartel prohibition, merger control, and abuse of dominance under EU and national law. Same enforcement toolkit and EU Member State context as KT.

Regional players

  • Estonian Competition Authority (ECA): The Estonian national competition authority, third Baltic peer to KT. Comparable in scope (cartels, merger control, state aid monitoring) and Baltic-region context.
  • Latvian Competition Council (KP): Lithuania's closest regional peer - the Latvian national competition authority enforcing analogous competition law provisions within the Baltic context. Directly comparable in mandate, organizational structure, and EU cooperation role.

Broad incumbents

  • European Commission - DG Competition: The supranational EU competition authority enforcing Articles 101 and 102 TFEU and the EU Merger Regulation. Directly comparable to KT as both enforce EU competition law, but DG COMP operates at pan-European scale while KT focuses on Lithuania-specific matters and national law enforcement.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights7 records

Customer concentration

Lithuanian Competition Council (KT) social profiles

Digital presence

Lithuanian Competition Council (KT) financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Lithuanian Competition Council (KT) leadership team

Management profile

Number of profiles

Profiles1 record

Lithuanian Competition Council (KT) subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Lithuanian Competition Council (KT) funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Lithuanian Competition Council (KT) M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lithuanian Competition Council (KT)

What does Lithuanian Competition Council (KT) do?

The Lithuanian Competition Council (KT) enforces competition law in Lithuania, overseeing merger control, anticompetitive agreements, abuse of dominance, and state aid compliance. As a state budget institution established in 1992, it provides regulatory supervision and maintains public digital platforms including the KOTIS state aid register, a rulings database, an e-learning platform, and a video gallery for stakeholder access.

Is Lithuanian Competition Council (KT) a public or private company?

Lithuanian Competition Council (KT) is a private company. It is classified as state government owned and is currently operating.

When was Lithuanian Competition Council (KT) founded?

Lithuanian Competition Council (KT) was founded in -1. It employs 51 to 100 people.

Where is Lithuanian Competition Council (KT) based?

Lithuanian Competition Council (KT) is headquartered in Vilnius, Lithuania, in the Europe region.

Who are Lithuanian Competition Council (KT)'s main competitors?

OECD Competition Division is listed as an others. Direct peers are Swedish Competition Authority (KKV), Finnish Competition and Consumer Authority (FCCA / Kilpailu- ja kuluttajavirasto), Office for the Protection of Competition - Czech Republic (UOHS), Hungarian Competition Authority (GVH), Office of Competition and Consumer Protection (UOKiK) - Poland and Austrian Federal Competition Authority (BWB). Regional players are Estonian Competition Authority (ECA) and Latvian Competition Council (KP). European Commission - DG Competition is listed as a broad incumbent.

Does Lithuanian Competition Council (KT) have an API?

No public API is recorded for Lithuanian Competition Council (KT).

What industry is Lithuanian Competition Council (KT) in?

Lithuanian Competition Council (KT)'s product category is Competition Law Enforcement. Its primary akta.pro industry code is BPAIAOAD, Competition/Antitrust & Market Conduct Regulators, with a secondary code of BPADANAO, Competition Policy, State Aid & Public Procurement Regulatory Cooperation. Its NAICS code is 92615.

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Live signals
GlobeNewswireUpdated: Decision of Lithuanian Competition Authority regarding Vilnius Akropolis CinemaOn October 6, 2026, Lithuanian Competition Authority rejected MM Grupp OÜ's application to resolve ownership of Vilnius Akropolis cinema via a concentration permit. MMG plans to challenge the decision in court, leaving the cinema's ownership uncertain. The company assesses the risk of transfer as unlikely.YahooDecision of the Lithuanian Competition Authority regarding Vilnius Akropolis CinemaThe Lithuanian Competition Authority refused to accept MM Grupp OÜ's merger application for the Vilnius Akropolis cinema, citing a retroactive change in practice. The Authority later ruled that MMG acquired both cinemas without a permit, requiring retrospective application. MMG challenged the decision, leaving the issue for the court to decide.The Manila TimesAB "Vilkyškių pieninė" allowed to acquire shares of UAB "Marijampolės pieno konservai"The Competition Council of the Republic of Lithuania approved a concentration on November 13, 2025, allowing AB "Vilkyškių pieninė" to acquire 100% of the shares of UAB "Marijampolės pieno konservai". Through this transaction, AB "Vilkyškių pieninė" gains sole control over UAB "Marijampolės pieno konservai". The approval clears the way for the consolidation of two Lithuanian dairy companies under one ownership.GlobeNewswireAB "Vilkyškių pieninė" allowed to acquire shares of UAB "Marijampolės pieno konservai"The Competition Council of the Republic of Lithuania approved AB "Vilkyškių pieninė" acquiring 100% of the shares of UAB "Marijampolės pieno konservai", granting it sole control over the target company. The decision was made at the council's meeting on November 13, 2025. This represents a consolidation in Lithuania's dairy processing sector, combining two established dairy product manufacturers under single ownership.GlobeNewswireCommentary on the information published in mediaEkspress Grupp confirmed it is analyzing strategic alternatives regarding its stake in Lithuanian portal Lrytas, responding to media reports. The group maintains its position that the Lithuanian Competition Council's February 7, 2025 decision is unfounded and has challenged it. Further steps will be communicated in accordance with stock exchange regulations.GlobeNewswireEkspress Grupp disputes the Lithuanian Competition Council's decision regarding Lrytas acquisitionEkspress Grupp will challenge the Lithuanian Competition Council's decision refusing clearance for its acquisition of Lrytas, citing the market's competitiveness. The Council ordered restoration of the previous market situation within six months. Lrytas represents about 5% of the group's turnover and 2% of EBITDA.GlobeNewswireAS Ekspress Grupp submitted a merger control notificationAS Ekspress Grupp submitted a merger control notification to the Lithuanian Competition Council for its acquisition of UAB Lrytas, a subsidiary publishing the online portal lrytas.lt. The Council started the procedure on May 15, 2024, following a December 2023 decision.GlobeNewswireThe Lithuanian Competition Council has published a decision regarding the acquisition of Lrytas UABThe Lithuanian Competition Council fined Ekspress Grupp EUR 140,460 for failing to obtain prior permission for its acquisition of Lrytas, a Lithuanian news portal. Ekspress Grupp plans to challenge the decision in court, arguing the transaction's turnover was below the 20 million euro threshold. If the decision is not suspended, the company must undergo merger control and pay the fine during litigation.GlobeNewswireLithuanian Competition Council started an investigation of Lrytas UAB acquisitionThe Lithuanian Competition Council opened an investigation into AS Ekspress Grupp's acquisition of 100% of UAB Lrytas, completed in December 2022, following a complaint from UAB 15min. Ekspress Grupp is cooperating with the Council. The investigation's outcome is not disclosed.GlobeNewswireAS Ekspress Grupp: Acquisition of a companyAS Ekspress Grupp acquired 51% of UAB Adnet Media on November 16, 2017, after Lithuanian Competition Council approval, giving it 100% ownership. The company operates internet advertising sales in Estonia, Latvia, and Lithuania.