fine

Lukoil merger fine largely upheld by Lithuanian court

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The Vilnius Regional Administrative Court has upheld a fine of almost 3.3 million euros imposed by the Lithuanian competition authority on Lukoil Baltija for a failure to notify the acquisition of petrol stations. The court has however ruled that Lukoil Baltija was not obliged to notify the purchase of one station in 2008 and couldn’t … Skaityti toliau

Court upheld Lithuanian Competition Council’s decision on „Gazprom“

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Vilnius County Administrative Court upheld the decision by Lithuanian Competition Council’s to fine Gazprom for the failure to comply with merger conditions and market foreclosure. On 10 June 2014 the Council imposed on Gazprom a fine of approx. € 35.6 million for the failure to meet conditions of the merger cleared on 18 March 2004. … Skaityti toliau