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Competition Council Blocks Lit Egg's Acquisition of Girelės Paukštynas

14.05.2024 | 🇱🇹 Lithuanian competition authority

Lit Egg's attempt to acquire Girelės Paukštynas, along with the agricultural company Nematekas, has been denied by the Competition Council due to concerns about creating a dominant position and impeding competition in Lithuania's egg production market.


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.

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