Motieka & Audzevičius competition law experts represented a leading security service provider in a dispute with the National Competition Council before the Supreme Administrative Court. Three major banks and the leading security services provider had previously been issued with the largest fine in the history of the Republic of Lithuania so far for alleged anticompetitive single service purchasing agreements. The agreements allegedly had a restrictive effect on the competitive environment in the market (market foreclosure). Our firm has defended the security service provider from these allegations.
The Lithuanian Supreme Administrative Court dismissed the appeal of the Competition Council and satisfied the appeal of our client. As the Competition Council’s decision has been annulled, the significant amount that was paid for the imposed fine, amounting to several million euros, will be returned to our client.