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Client alert: Lithuanian Competition Council intensifies scrutiny of defence sector
With Lithuania’s defence budget increasing, the Lithuanian Competition Council (LCC) has identified the defence sector as one of the key enforcement priorities for 2025. As a result, the LCC will closely monitor procurement processes to prevent anti-competitive agreements, and is working with the Ministry of National Defence to ensure compliance with competition laws. This follows […]
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Year in review: Space Law in Lithuania
Year in review Lithuania’s space law and industry have seen significant development in 2023 and 2024, building on the country’s status as a hub for small satellite manufacturing and advancing other space-related sectors, such as software solutions for the space industry. Commercial developments Since launching the first Lithuanian small satellite in 2014, Kongsberg NanoAvionics has […]
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New regulations for companies selling food, drinks or agricultural products
On 1 November 2021, important legal changes that will apply to companies that sell food, drinks or agricultural products will come into effect. The UTP (Unfair Trading Practices) Directive will be transposed to Lithuanian law. One of the goals of this Directive is to ensure balanced relationships between buyers and suppliers. What does this mean […]
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Frequently asked questions about trademarks in the EU
Will EU trademarks be valid in EU Member States, including overseas, after Brexit? Will EU trademarks be valid in UK after Brexit? We are sharing an update regarding EU trademarks, covering frequently asked questions about EU trademarks in light of Brexit. If you are interested to learn more, please read more below. I want to […]
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From November 2020, competition law infringements to result in significantly increased fines and wider liability
On 1 November 2020, important amendments to the Competition Law (‘the Law’) came into force in Lithuania, further increasing the need for businesses to prevent infringements. Greater liability for all infringements of the Law and significantly increased fines can potentially lead to the termination of businesses. The amendments are relevant to companies operating in any […]