The Lithuanian Chamber of Notaries and eight members of its presidium have been slapped with fines worth thousands of euros for price-fixing, marking the first time in the country that notaries have been punished for a cartel agreement.
© A.Didžgalvio nuotr.

The Lithuanian Competition Council imposed a fine of 88,400 euros on the chamber and fines ranging between 100 to 20,800 euros on its eight presidium members, depending on their income.

The Chamber of Notaries and the notaries sitting on the presidium adopted fee-fixing resolutions, thus leaving all notaries with no leeway to choose their rates, Šarūnas Keserauskas, head of the competition authority, said in a press release on Friday.

This restricted competition among notaries and led to higher fees for their clients, he added.

Fees for notarial services in Lithuania are regulated by the justice minister, but notaries are allowed to compete in fees within a certain range.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Actors and director get fines for 'church show'

Three actors and a director have been fined in Lithuania for disturbing a religious service at a...

Head of Holocaust memorial would like info to be available in Lithuanian as well

Avner Shalev, chairman of the Jerusalem-based Yad Vashem , the World Holocaust Remembrance Center,...

2020: The Year of Chiune Sugihara

Next year will mark the 80th anniversary of the Japanese diplomat’s noble work while residing in...

Czeslaw Milosz stairs unveiled in Krakow in 2nd such commemorative project after Vilnius

The Stairs of Czeslaw Milosz have been unveiled in Krakow to mark 15 years since the...

Lithuanian author wins prestigious EU literature award

Lithuanian author Daina Opolskaite has won the European Union Prize for Literature (EUPL) for...