The competition and corruption supervisory authorities launch enhanced cooperation
The Competition Council (CC) of the Republic of Latvia and the Corruption Prevention and Combating Bureau, called KNAB, have agreed on active cooperation through joint inspections and common informative events, in order to be more efficient on the use of the resources of both authorities. Public procurements is a field with high risks of corruption, as well as of bid rigging; nu...
New Member of the Competition Council appointed
On 7 January 2014, Jānis Račko, former executive director of the Competition Council (CC) of Latvia, was appointed as Member of the Competition Council by the Cabinet of Ministers of the Republic of Latvia. Mr Račko has been working at the CC since 2001. From 2003 to 2006 he was head of the CC Legal Department. Since 2006, he has performed the duties o...
The Competition Council concludes Sector Inquiry into Milk Production and Processing
In late 2013, the Competition Council of Latvia (CC) concluded a sector inquiry into the market of milk production and processing. As part of the inquiry, the CC evaluated the level of competition after the merger of two large enterprises - AS ‘Rīgas piena kombināts’ (RPK) and AS ‘Valmieras piens’ (VP). The CC scrutinize...
Competition Council fines 26 construction companies for participation in a cartel
On June 17, the Competition Council (CC) took a decision to fine 26 construction companies for bid rigging altogether in more than 300 procurements of electro-construction works. The total fine was set at the amount of 2 862 188 EUR (2 011 557 LVL). As a result of this cartel, competition was distorted in 316 procurements organised by state o...
The CC fines collective copyright management association for excessive pricing
On 2 April the Competition Council of Latvia (CC) adopted a decision to fine the collective copyright management association AKKA/LAA for abuse of dominant position. Royalty tariffs for music airplay in retail spaces and customer service areas set by AKKA/LAA to small and medium business in Latvia were substantially higher than equivalent tariffs not only in the neighbouring Lithuania and Estonia, but also...
The Competition Council Fines Retail Chain for Abuse of its Market Power
On 14 December 2012, the Competition Council adopted a decision to fine AS Drogas which is the largest retail chain in the sector of health, beauty and household goods retail in Latvia. It was established that AS Drogas had abused its dominant position in retail trade against a dependant wholesaler SIA Euro Cosmetics and thus had contributed to the latter's insolvency.
Binding Obligations set to Merger of Broadcasting Companies
On 11 May 2012 the Competition Council (CC) adopted a decision to approve proposed merger of MTG Broadcasting AB (MTG) and AS Latvijas Neatkarīgā Televīzija – owners of the two leading private TV channels with Latvian language content (TV3 and LNT). To prevent the possible harm to the competition in relevant markets, the merger has been cleared with binding obligations.
Binding Obligations set to Merger of Dairy Companies
On 28 April 2012 the Competition Council (CC) adopted a decision to approve proposed merger of dairies AS Rīgas piena kombināts and AS Valmieras piens. Thus, Thyrenos Holdings Ltd. that exercises indirect control over AS Rīgas piena kombināts was allowed to acquire control over AS Valmieras piens. To prevent the possible harm to the competition in relevant markets, the merger has been cleared with binding o...
Riga International Airport Fined for Abuse of Dominant Position
On 10 February 2012, the Competition Council (CC) took a decision establishing that Riga International Airport (Airport) had abused its dominant position by charging to the Irish airline Ryanair substantially lower prices for airport services than those charged to the Latvian airline airBaltic. For this violation of Article 102(c) TFEU, the CC imposed on the Air...
Prohibited Agreement in Banking Sector
On 3 March 2011 the Competition Council (CC) decided that 22 Latvian commercial banks have infringed Article 11 Part 1.1 of the Competition Law by participating in the Multilateral agreement on the interchange fee for cash withdrawals at ATM, cash withdrawals at branches, balance inquiries at ATM and the multilateral interchange fee (MIF) on card payments at POS, incl. internet-based POS. The CC...