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...
The Competition Council agrees to conclude an administrative contract with the Freeport of Riga Authority to immediately eliminate Distortion of the Competition in the Riga’s Port
On 12 June, the Competition Council (CC) of Latvia signed an administrative contract with the Freeport of Riga Authority (FRA) which anticipates that the FRA ceases to provide commercial services of tug boats, thus, terminating unlawful targeting of private tugboat service operators that lasted for more than seven years. For abusing its dominant position, a fine was imposed on the FRA in the amount of EUR&n...
Suppliers to be protected against Unfair Commercial Practices
On 21 May, the Saeima adopted new Unfair Retail Practice Prohibition Law and related amendments to the Competition Law in order to balance interests of retailers and their suppliers. The law is designed to prevent food retailers from using their market power to apply exploitative requirements to suppliers. The new regulation prohibits the food retailers to set a...