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Lithuanian Court Overturns €1.02 Million Fine Against Fuel Retailer

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← All business news Lithuanian Court Overturns €1.02 Million Fine Against Fuel Retailer
A report published on 16 October said a Lithuanian court had overturned a €1.02 million fine imposed on fuel retailer Emsi over its acquisition of four petrol stations without prior competition clearance. The decision challenges the regulator’s earlier...
A report published on 16 October said a Lithuanian court had overturned a €1.02 million fine imposed on fuel retailer Emsi over its acquisition of four petrol stations without prior competition clearance. The decision challenges the regulator’s earlier assessment of the transaction. Businesses involved in acquisitions can explore opportunities in competition-law advice, regulatory reviews and merger-clearance support. The €1.02 million figure is the overturned fine, not a legal-services fee or an amount awarded to the company.
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