The Competition Law Enforcement in Latvia marks its 23rd anniversary
Today, on 12 November, it is the 23rd anniversary of the protection of competition in Latvia. The competition law in Latvia can be divided in several historic stages. After Latvia regained its independence, a new law was adopted and the Monopoly Monitoring Committee was founded. In times when the free market economy and its underlying private propert...
Lawyers’ Forum to discuss Competition Topicalities
On 16 October, the Competition Council (CC) of Latvia hosted the third Lawyers’ Forum –annual discussion between representatives of the Latvian competition authority and law offices. During the forum, experts and lawyers who otherwise meet at more formal context, discussed topical issues in application of the competition law, as well as mutually in an open conversation searched for the solutions...
The CC Clears Purchase of SIA Rīgas piensaimnieks
On 25 September, the Competition Council (CC) of Latvia cleared Meridian Capital CIS Fund purchase of SIA Rīgas piensaimnieks. In the decision, the competition authority foresees that such merger will not to distort competition and will develop export capacity and increase the purchase of raw milk in Latvia.
Court agrees with the Competition Authority to fine the National Gas Supplier
On 2 September, the Administrative Regional Court confirmed the Competition Council’s (CC) decision to impose the only natural gas supplier in Latvia – AS „Latvijas Gāze” – remedies to change the practice of debt collection and a fine in the amount of 2.2 million euros for abusing the dominant position.
Competition Authority warns 15 Undertakings
In the first half of 2015, the Competition Council (CC) of Latvia has issued warnings to 15 undertakings under suspicion of breach of the Competition Law. Most warnings have been issued to tenderers of public procurements, thus once again proving that procurements in Latvia still is an area most exposed to competition distortions. The CC can issue a warning ins...
Latvian Competition Authority launches Draft Merger Guidelines
In August 2015, the Competition Council (CC) of Latvia launched to the public consultation the draft version of the merger guidelines. Merger guidelines are to ease to merger participants fulfil all requirements for submitting a complete merger notification. As the CC has concluded during its experience of merger review and multiple surveys carried out to identi...
Competition Authority fines 11 Tenderers of Logging Procurement
On 14 July, the Competition Council (CC) of Latvia took a decision to fine 11 undertakings for coordinating their tenders with one or several other tenderer in a public procurement of timber preparation. For such actions, the fine was imposed in the total amount of EUR 70 003.44. The prohibited information exchange was carr...
Video: Nobody gains from a Cartel
The Competition Council of Latvia launches a video to promote competition culture and to raise awareness of market participants and the society about the competition law. The video takes a close look at the most severe competition infringement – cartel. It gives a brief explanation on why coordinated activities...
Competition Authority analyses Cooperation of Food Retailers
The Competition Council (CC) of Latvia has concluded sector inquiry into the market of cooperation networks/purchasing associations of food retailers. Within the inquiry, the CC analysed the competition situation and identified problems that have to be averted by retailers by the start of 2016 when a new Unfair Retail Practice Prohibition Law enters into force.
State Authorities: Funeral Service Industry Needs to be Reformed
The Competition Council (CC) of Latvia together with the Consumer Rights Protection Centre (CRCP) and the State Revenue Service (SRS) conclude that the market of funeral services lacks a regulatory framework, therefore the competition is distorted and consumers are adversely affected. The CC, the CRCP and the SRS suggest consumers to carefully evaluate service components and prices, and recommend responsibl...