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On 17 April 2025, the Parliament amended the Law on the Establishment of Restrictive Measures Regarding Military Aggression against Ukraine. The aforementioned law is yet to be signed by the President. Still, it is expected to be done shortly, thus allowing the new statutory restriction to enter into force starting on 3 May 2025. New […]
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Assistant lawyer Liis Pormeister compiled the material. Competition The Commission fines car manufacturers and association €458 million over end-of-life vehicle recycling cartel Published: 1 April 2025 The Commission has fined 15 major car manufacturers and the European Automobiles Manufacturers’ Association (ACEA) around €458 million for participating in a long-lasting cartel concerning end-of-life vehicle recycling. The […]
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In this issue, we bring you the most significant updates on ESG developments across the Baltic region – from amendments to consumer protection laws in Lithuania to Latvia’s national AI Centre and Estonia’s debate on sustainability reporting. At the EU level, key updates include a proposal to delay corporate sustainability reporting, a new voluntary ESG […]
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Assistant lawyer Liis Pormeister compiled the material. Competition The Commission finds that an arbitration award ordering Spain to pay compensation in favour of Antin is illegal and incompatible with state aid Decided: 24 March 2025 The European Commission has concluded that an arbitration award, in which Spain is ordered to compensate Antin for modifying a […]
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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 […]