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

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Valiunas Ellex (Vilnius)

Quotation

Paulius Mencas, The Lithuanian Competition Authority fines petrol stations operator for infringement of merger control rules (Lukoil Baltija), 18 April 2013, e-Competitions Bulletin Energy & Mergers, Art. N° 51805

Visites 751

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues