New framework of the competition law in Latvia against competition distortions created by public administrative bodies comes into force
On 1 January 2020, amendments to the Competition Law of the Republic of Latvia entered into force prohibiting public administrative bodies – the state, local governments and capital companies owned by them – to violate the principle of equal competition by unduly restricting or even deny...
Authority holds a discussion conference dedicated to the World Competition Day on equal competition opportunities
On 5 December, the World Competition Day, the Competition Council of Latvia (the CC) organises a discussion event “Point of Contact: Competition”, which is dedicated to the competition opportunities of public administrative bodies – state, municipalities and capital companies owned by them – and private entrepreneurs, meeting in the business environment. On 1 January 2020, the amendments to the Competition Law come into...
The CC imposes fine on one of the largest traders of building materials for non-fulfilment of the company obligation
On 21 November, the Competition Council of Latvia (the CC) adopted a decision, detecting that one of the largest Latvia’s traders of building materials SIA “DEPO DIY” has not provided full information upon request of the authority during investigation. The competition authority imposed a fine of 701 811 euros on SIA “DEPO DIY” for non-fulfilment of the company obligation.