The Lithuanian Competition Authority fines petrol stations operator for infringement of merger control rules (Lukoil Baltija)
The Competition Council of the Republic of Lithuania (the 'Council') imposed a fine of approximately EUR 340 000 on UAB Lukoil Baltija (Lukoil), a petrol stations operator, for the failure to duly notify the Council of two notifiable concentrations and for the implementation thereof without the Council's prior authorization. The alleged concentrations
The Council considered that the alleged concentrations had occurred in the context of a joint-activity agreement between Lukoil and UAB Okseta ('Okseta').
Under the agreement in question, Lukoil and Okseta agreed to engage in retailing of fuels and other products and services in a petrol stations network by pooling together their assets, work and know-how. Okseta's contribution to the joint activity was giving the right to use its petrol
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