Competition & EU law

At Prevence, we specialise in advising clients on mergers and acquisitions with a focus on competition law compliance. We conduct due diligence on the transaction to identify potential risks, submit the necessary notifications to the competition authorities in relation to planned mergers or acquisitions, represent clients in their dealings with the authorities and provide all the necessary documentation for the submission of merger notifications.

Our expertise allows us not only to ensure compliance with competition law, but also to take care of all aspects of your M&A activities.

The Competition Council’s ever-changing rules and procedures and strict sanctions make professional legal representation indispensable. If your company is facing investigations into allegations of possible competition infringements, such as abuse of a dominant position, improper execution of mergers and acquisitions, prohibited agreements, concentration or infringements of the rules on regulated markets – Prevence can help you prepare all the necessary documents in line with the Competition Council’s requirements, represent you in negotiations to obtain the most favourable terms, and represent you at every stage of the investigation or at trial. In addition, our lawyers can represent your company in other EU countries by providing international expertise with the assistance of foreign partners.

Agreements between undertakings that directly or indirectly restrict competition may be considered to be in breach of EU competition law, as well as national Lithuanian law. This includes cartel agreements, fixed prices, restrictive sales territories or even the exclusion of competitors from the market, so it is important to ensure that all the subtleties of competition law are thought through and implemented.

In this area, our Prevence team is ready to audit your company’s contracts to identify potential restrictive agreements or provisions, and to edit your contracts to bring them in line with competition and EU law.