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Published: 2018-07-13 17:44
SNB
Baltic Ticket Holdings, an Estonian ticket machine, can manage the largest Lithuanian ticket distribution system purchased by SIA "Bilietai LT "
" Following the merger of two banknote dealers, the Competition Council applied the merger control procedure on its own initiative because there were suspicions that the implementation of this concentration could have created or to strengthen a dominant position or extremely limited competition on the market for the distribution of banknotes in Lithuania After having badessed the circumstances surrounding the transaction, the Council found that the merger had not led to the creation or reinforcement of a dominant position or that competition in the relevant markets was severely curtailed, "states the Competition Council press release. the transaction. The Board was suspected that the acquisition of the national ticket distributor by Baltic Ticket Holdings had the effect of restricting competition in the market.
An Estonian company was required to submit a merger notice to the board within two months. Baltic Ticket Holdings was finally revoked by the Supreme Administrative Court of Lithuania in October 2000.
Baltic Ticket Holdings is the largest ticketing company in the Baltic States and also manages the company "Bilietų pasaulis" in Lithuania. The Estonian company also manages ticketing systems in Latvia, Estonia and Byelorussia
Through the transaction, Baltic Ticket Holdings operates in Lithuania through the intermediary of the company "Bilietų pasaulis" which, after the closure of its activities. tools and websites without the written consent of UAB "BNS" is prohibited.
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