• 2012. 
    • 1st of January: The Competition Council commences participation in the OECD Competition Committee as an observer. This enables acquisition of international expertise and participation in the shaping of international economic policy;
    • 12th of February: Skaidrīte Ābrama is appointed in the Chairperson of the Competition Council.
  • 2008.
    • 16th of April: Comprehensive amendments to the Competition Law take affect. Some of the more important ones include introducing a special framework to regulate the relations between producers/suppliers and major retailers; the option to terminate a legal dispute by the way of an administrative contract.
  • 2006.
    • 15th of February: Ieva Jaunzeme is appointed to the Chairperson of the Competition Council.
  • 2004.
    • 1st of May: As Latvia joins the European Union, the competition legislation of the European Commission becomes directly applicable in Latvia. From this moment on, thee Latvian Competition Council is also charged with the effective monitoring of EU internal market rules and integration in the cooperation and information networks of the EU competition monitoring authorities.
  • 2002.
    • 1st of January- Competition Law currently in force takes effect.
  • 1998.
    • 1st of January- the Competition Law takes effect; 
    • 14th of January: The Competition Council is formed by a Cabinet order. Pēteris Vilks is appointed the first Chairperson of the Council.
  • 1997.
    • 18th of June: the Competition Law is adopted, thus making a significant step towards bringing together the Latvian regulatory framework of competition monitoring and the policy implemented in this field by the European Union.
  • 1992.
    • 1st of February: the Law of Competition and Restriction of Monopolies enters into force, and the Department of the Monitoring of Monopolies  and promotion of Competition under the ministry of Economic Reform commences operations;
    • 12th of November: The Monopoly monitoring Committees formed pursuant to a Council of Ministers decision.
  •  1991.
    • 21st of August: Latvia regains independence;
    • 3rd of December: the Law of Competition and Restriction of Monopolies is adopted.