The CC achieves change of competition restricting conditions of sublease agreements at Riga International Airport
After negotiation procedure with the Competition Council of Latvia (the CC), AS “Riga Airport Commercial Development”, which manages sales areas of Riga International Airport and on the basis of mutually concluded agreements leases these areas to other retailers, has changed competition restricting conditions of these agreements with sublessees. Lasīt vairāk
The Constitutional Court recognizes the exclusive rights of the CC to decide on the amount of a fine
The judgement adopted by the Constitutional Court on 22 December recognizes the current degree of administrative court review regarding fines imposed by the Competition Council of Latvia as compatible to the Satversme (the Constitution) and rights to fair trial. It means that also in the future when reviewing a fining decision by the Competition Council the court will not be able to change the amount of the fine by setting the fine itself or increasing it. Lasīt vairāk
World competition experts meet at the Global Forum on Competition
The Global Forum on Competition takes places from 7th December to 8th December 2017 at the Organisation for Economic Co-operation and Development (OECD) Conference Centre in Paris, France. The forum is organised by the OECD and offers a platform for the world competition practitioners and academics to meet and discuss a wide variety of competition-related topics. The Competition Council of Latvia (the CC) is represented by the chairwoman Skaidrīte Ābrama. Lasīt vairāk
Competition Authority celebrates 25th Anniversary of Promotion of Fair Competition in Latvia
On 16 November, during the anniversary conference on promotion of fair competition “Towards fair competition: past, present, tomorrow” former and the current chairpersons of the competition authority, representatives of the state and local governments as well as entrepreneurs discussed the achievements of application of the competition law over passed during 25 years and future challenges of the entrepreneurship. Lasīt vairāk
The CC applies binding conditions on acquisition of MTG Broadcasting AB
On 6 October, the Competition Council of Latvia (the CC) adopted a decision to approve UAB Bite Lietuva acquiring of companies of MTG Broadcasting AB Group in Latvia. The CC has applied several binding conditions on the merger to prevent possible harm to competition on the television programme wholesale market and advertisement placement market on television. Lasīt vairāk
The CC imposes a fine to construction materials producers and retailers for a long-term price fixing
On 31 August, the Competition Council of Latvia (the CC) adopted a decision regarding prohibited agreements between construction materials retailers and imposed a fine in the amount of 5.8 million euro to SIA DEPO DIY, AS Kesko Senukai Latvia, and SIA Tirdzniecības nams Kurši. Before this decision administrative agreements were concluded with SIA Knauf and SIA Norgips as well as SIA Krūza, which provided for termination of the legal dispute and payment of a fine in the total amount of 1.6 million euro. Lasīt vairāk
Injured parties finally have a facilitated possibility to claim for compensation for damages
On 5 October, during the final reading the Saeima adopted the amendments to the Competition Law regarding compensation of damages. Amendments provide that further on consumers, companies and other involved parties will have a simplified and more efficient possibility to claim damages from infringers of competition law. Lasīt vairāk
The CC achieves change of provisions for placement of advertisements at public transportation stops
The Competition Council of Latvia (the CC) has imposed to the companies SIA Rīgas satiksme (RS), SIA Pilsētas līnijas (PL) and SIA JCDecaux Latvija (JCD) the legal obligation to change certain provisions of mutual agreements regarding placement of advertisements on public transportation stops of RS. The CC established that current provisions restricted access for competitors of JSC to get involved on the advertisement market of stops for a long period of time. Lasīt vairāk
At the same time with the increase of the market share of key pharmacy chains consumer choice decreases
The Competition Council of Latvia (CC) after sector inquiry into the regional retail market of medicinal products observes that during previous five years the key pharmacy chains have increased the number of pharmacies owned by them at the expense of individual or smaller pharmacy chains. Therefore, without change in the total number of pharmacies in Latvia, the market concentration has increased and the consumer choice has become more limited. Lasīt vairāk
The fifth Lawyers Forum takes place at the Competition Council
On 15 September, the Competition Council of Latvia organised the fifth Lawyers Forum, where experts of the authority met with lawyers and advocates in order to discuss the current events of the competition law. Upon increase of the importance of the economic analysis in competition cases, the annual discussion of professionals this time was broadened also with the topic of economics. Lasīt vairāk
CC: high butter prices is the result of interaction between many factors
Considering the price increase of dairy products, in particular butter, during the last year, the Competition Council of Latvia (the CC) continues to follow the events on the dairy market. The CC has concluded that the amount of the butter price is determined by several reasons – the global trends, product cost increase during the processing due to limited availability of raw materials as well as mark-up of retailers. Lasīt vairāk
Competition Council joins the state principle “Consult at first”
The Chairwoman of the Competition Council of Latvia Skaidrīte Ābrama has signed the cooperation memorandum regarding implementation of the principle “Consult at first” in the work of the Competition Council. The purpose of the principle is to improve cooperation between the authorities and entrepreneurs, in order to facilitate the fulfilment of requirements effective in the country and clear conditions for operation rather than punishing at first. Lasīt vairāk
Chairwoman’s Mrs Skaidrīte Ābrama interview with ABA's The Antitrust Source
In this interview with The Antitrust Source the Chairwoman of the Competition Council of Latvia Mrs Skaidrīte Ābrama discussed competition environment in Latvia, what has been accomplished over 25 years (since Latvia’s independence was restored) and what need to be done to promote competition development in all sectors of national economy for the benefit of all society. Lasīt vairāk
Mrs Skaidrīte Ābrama appointed to a second term as Chairwoman of the Competition Council
Today, on 20 June, the Cabinet of Ministers of the Republic of Latvia appointed Mrs Skaidrīte Ābrama for a second five-year term as Chairwoman of the Competition Council of Latvia (the CC). Lasīt vairāk
The CC detects bid-rigging by four security companies
On 11 May, the Competition Council of Latvia (the CC) took a decision to impose a fine on four providers of security services – SIA “Bruks”, SIA RK “Nivios-LTD”, SIA “Puma” and SIA “Lat Jur Fin” – for lasting and systematic implementation of bid-rigging in public procurements. For this infringement of competition law the companies were imposed a fine in the total amount of 78 544 euros. Lasīt vairāk