Lithuania/Russia: Record fine stings Gazprom (Competition Policy International)

Lithuanian competition regulators have imposed a record-setting fine on Russian gas giant Gazprom for harming competition in the nation, reports say.

Gazprom, which provides nearly one-third of Europe’s demand, was ordered to pay $48 million by Lithuanian officials. According to the Competition Council, Gazprom refused to negotiate a gas exchange deal …read more

Source: Global Competition Law Blogs

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OSCOLA

21st Century Competition, 'Lithuania/Russia: Record fine stings Gazprom (Competition Policy International)' (21st Century Competition, 10 June 2014) <https://www.twentyfirstcenturycompetition.com/2014/06/lithuaniarussia-record-fine-stings-gazprom-competition-policy-international/> accessed 28 April 2026.

Chicago

21st Century Competition. "Lithuania/Russia: Record fine stings Gazprom (Competition Policy International)." 21st Century Competition, 10 June 2014. https://www.twentyfirstcenturycompetition.com/2014/06/lithuaniarussia-record-fine-stings-gazprom-competition-policy-international/.

BibTeX

@misc{21st-century-competition2014, author = {21st Century Competition}, title = {{Lithuania/Russia: Record fine stings Gazprom (Competition Policy International)}}, year = {2014}, url = {https://www.twentyfirstcenturycompetition.com/2014/06/lithuaniarussia-record-fine-stings-gazprom-competition-policy-international/}, note = {21st Century Competition} }
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