PolicyPulse.pro identifies the news that matters most to your company and helps you understand the business impact.
14.05.2024 | 🇱🇹 Lithuanian competition authority
Lit Egg sought to acquire Girelės Paukštynas and Nematekas, but the Competition Council blocked the merger, citing fears of reduced competition in the egg production and wholesale markets. The Council conducted a detailed economic analysis, considering market shares, competitive dynamics, and potential impacts on consumers. The decision can be appealed to the Regional Administrative Court within one month. The denial of the acquisition highlights the importance of maintaining competition in the egg production sector to prevent price increases and ensure consumer choice.
© 2024 PolicyPulse. All rights reserved.
See something you like or don't like? Let us know!