The CC imposes fine on one of the largest traders of building materials for non-fulfilment of the company obligation
On 1 September 2009 entered into force Amendments to the Competition Law of the Republic of Latvia. Most substantial issue of the Amendments refer to the merger control. As from September 1 merger notifications have to be submitted not only by those market participants whose combined turnover for the previous financial year in the territory of Latvia exceeded 25 million lats...
Consumers in Latvia have the most unfavourable pricing mechanism for medicines in the Baltic states
On 27 June 2009 Latvian Competition Council (CC) adopted a decision establishing a prohibited agreement between seven companies that offered services of tyre mounting and repair in Jelgava city and region. Fines imposed in total for all seven companies were in the amount of € 11 931. As it was found these seven companies had identical or largely resembling...
Court leaves effective the interim measures in relation to waste management in Riga
On 18 June 2009 the Competition Council (CC) adopted a decision establishing a prohibited agreement between two road construction companies – Aizputes Ceļinieks Ltd. and Ceļu, tiltu būvnieks Ltd. and imposed fines accordingly in the amount of € 42 490 and € 56 731. Both companies were found guilty of exchanging information in order to increase prices for their services.
Employees of the CC participate in Competition and Consumer Day in Helsinki
On 18 July 2009, Latvian Competition Council (CC) adopted a decision permitting a merger between alcohol distribution companies „SPV Distributor" Ltd., „S.D.V." Ltd., „L.D.V." Ltd., „MONO M" Ltd. and „S.Alko" Ltd. (principal activity - wholesale and retail of alcoholic beverages) under binding conditions. In order to eliminate the p...
The CC strengthens its leading position among the Baltic competition authorities
On 18 June 2009 Competition Council (CC) fined VIASAT AS (Estonia) and TV3 Latvia Ltd. for the abuse of dominant position in the market of distribution of television channel TV3 on the territory of Latvia. Both companies have to pay fines in the amount of € 67 400 and € 56 915 accordingly. Channel TV3 has been recognized as unique and irrepl...
The Competition Council adopts a decision imposing interim measures regarding waste management in Riga
With the decision of 5 May 2009 the Senator Collegium of the Department of Administrative Cases of the Senate of the Supreme Court has dismissed legal proceedings concerning the 17 July 2002 decision of the Competition Council (CC) on fining Lattelecom Ltd. for abuse of dominant position in the market of telecommunication line renting. As this decision can not be appealed and thus CC's decision has become final an...
The Competition Council and the Corruption Prevention and Combating Bureau perform joint procedural actions
On 28 – 29 May 2009 Competition Council of Latvia hosted the Sixth Annual Regional/Baltic Competition Conference, devoted to ex-post evaluation of competition policy enforcement. This event has brought together participants from competition authorities of Latvia, Lithuania, Estonia, Germany, Austria, Czech Republic and Sweden. Conference was organized within the framework of the Twining Light project "Further economic research and...
The CC has developed informative materials for public administrative bodies to reduce risks of distortions of competition
On June 29, 2009 the Senator Collegium of the Department of Administrative Cases of the Senate of the Supreme Court annulled the unfavourable judgement of the Administrative Regional Court and the case were several construction companies were fined for concerted practices in relation to public procurement procedures was transmitted back to the Regional Court for a new reviewing.
The CC: the low consumer mobility does not facilitate competition among banks in attracting new customers
On 14 May 2009 Competition Council of Latvia (CC) adopted a decision on establishing a prohibited agreement in activities of MOBILUX Ltd. by fixing minimal resale prices for the M-LUX computers it produces. CC imposed a fine on Mobilux Ltd. in the amount of € 4 473. Violation was detected while carrying out an inquiry of electronic household appliance marke...
The CC carries out unannounced inspection at two construction materials selling companies
Competition Council (CC) has adopted a decision on imposing a fine in the amount of € 64 029 and legal obligations on Freeport Riga Authority for abuse of dominant position that hindered competition in the market of towboat services in freeport of Riga. After purchasing its own towboats and starting its economic activity in the market of towboat services in...