Our lawyers have contributed to Vertical Agreements 2012, a volume in the Getting The Deal Through series, and prepared analysis of the Lithuanian legal sources that set out competition policy applicable to vertical restrains.
Partner Giedrius Kolesnikovas remarks: “Globalization across markets presents a number of challenges to policy makers in local, national and regional governments and institutions. Ownership strategies are becoming increasingly complex, leading to a control matrix that runs from wholly owned units through market relationships such as subcontracting, including joint ventures as options on subsequent decisions in a dynamic pattern. Vertical relations have received increasingly more attention from the view point of competition policy over the last years. Because of the markets integration vertical restraints have been of particular importance in understanding the key developments in international business.”