The Lithuanian NCA inflicts its highest fine ever on a professional association running confidential information exchange scheme on the raw milk procurement and dairy products markets (Dairies III)

On 28 February 2008 the Lithuanian Competition Council fined seven dairy companies for their involvement in the exchange of confidential information said to have restricted competition on the raw milk procurement market and on a number of markets for individual dairy products. The total amount of fines reached LTL 2,236,000 (approx. EUR 647,590), the highest ever imposed for a violation of Article 5 of the Law on Competition (equivalent to Article 81 of the EC Treaty). Four companies secured a 50 percent reduction of their fines by virtue of pleading guilty to the infringement. From the very beginning, the case was politically charged and received extensive media coverage. In August 2007, Gediminas Kirkilas, the Lithuanian Prime Minister, ordered two ministries and the Competition

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Sarūnas Keserauskas, The Lithuanian NCA inflicts its highest fine ever on a professional association running confidential information exchange scheme on the raw milk procurement and dairy products markets (Dairies III), 28 February 2008, e-Competitions Bulletin February 2008, Art. N° 17676

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