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Functions

Detection of prohibited agreements

Agreements between market participants, having hindrance, restriction or distortion of competition as their purpose or consequence the in the territory of Latvia, are prohibited and null and void from the moment of their conclusion.

Supervisison of mergers

Accordingly with the criteria laid down by the Competition Law, market participants who have decided to merge, have to submit notification about planned merger to the Competition Council.

Supervision of prohibition of abuse of dominant position

Any market participant, having dominant position is prohibited in any way to misuse this position in the territory of Latvia.

Supervision of prohibition of  misleading advertising

Misleading advertising is such advertising which in any way, including the kind of its performance, misleads or could mislead and which, due to its misleading character could affect economic conduct of person or could injure competitor.

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