The Competition Council of Latvia (the CC) in a seminar educates representatives of the Ministry of Defence and the State Centre for Defence Military Objects and Procurement (VAMOIC) about alleged prohibited agreements or bid-rigging in public procurements, which is one of the most severe infringements of the competition law. The defence sector has been under supervision of the CC several... Lasīt vairāk

On 17  May, the Supreme Court adopted the decision, pursuant to which it is stipulated in the competition law of Latvia that parent companies may bear joint responsibility for infringements of competition law committed by subsidiary companies. That means that also in the future in cases of competition infringements the Competition Council of Latvia (the CC) will be entitled to impose... Lasīt vairāk

On 15-16 May, the 15th Baltic Competition Conference takes place in Riga, which is an annual experience exchange event of competition supervisory authorities of three neighbouring countries. In this year, among the most significant competition law application topics particular attention will be paid to competition distortions caused by public administrative bodies – state and local... Lasīt vairāk

The Competition Council of Latvia (the CC) has developed guidelines of the Leniency Programme, which gives a possibility to companies involved in cartel agreements to report infringements to the CC. If a company submits and application for the Leniency Programme, it can obtain full exemption from a fine or reduction of fine, as well as exemption from one year prohibition to participate in... Lasīt vairāk

In this year, the Competition Council of Latvia (the CC) has warned five security companies for alleged prohibited agreements in public procurements. To reduce bid-rigging risk in the future, the CC in cooperation with the Procurement Monitoring Bureau (PMB) in a seminar has also educated representatives of security companies, including from two associations of the sector. The security sector... Lasīt vairāk