On 17 December, the Competition Council (the CC) took a decision to prohibit SIA MAXIMA Latvija (MAXIMA) to use the commercial premises in the centre of the capital Riga, at Tērbatas iela 33/35. The CC established that the planned transaction would significantly reduce competition on the relevant market, limit the possibility of consumers to purchase daily consumer products in stores of bigger number companies and...
On 7 December, the Competition Council of Latvia (the CC) adopted a decision, according to which it detected unlawful and repeated coordination of activities between providers of office equipment maintenance and delivery services SIA “TOMEGA” and SIA “BTK.LV”. The CC imposed a fine of 33 268 EUR on SIA “TOMEGA” for bid-rigging in public procurement procedures. Due to liquidation of the other participant o...
The public opinion study, implemented by the Competition Council of Latvia (the CC) and presented on the World Competition Day, reveals a worrying trend: one surveyed entrepreneur out of ten in Latvia would be ready to deliberately agree with competitors or exercise any other competition distortion to gain illegal profit. Also 8 % of surveyed local governments expressed their readiness to supp...
