TGS Baltic represents the Vilnius City Municipality

20.05.2019 TGS Baltic represents the Vilnius City Municipality

TGS Baltic represents the Vilnius City Municipality and 20 other public entities in one of the first class action cases which are being initiated due to infringement of competition rules. 

 

The Competition Council performed an investigation and concluded that one of the largest Lithuanian heat suppliers and a biofuel supplier concluded an exclusive supply agreement which restricted competition by its effect. The Competition Council fined both the companies significantly and indicated that the effect of such an agreement was an increase in heating prices for all Lithuanian heat consumers.

Based on the Competition Council’s findings, the Vilnius City Municipality and other entities are in the process of initiating a class action where damages suffered by overpaying for heating bills will be claimed. The dispute is one of the few private competition enforcement cases in Lithuania and the first class-action case where damages for competition law infringement are being claimed in separate civil proceedings.