The CC: milk production in Latvia has low efficiency
In order to discuss the situation on the market due to the rapid decrease of procurement prices of raw milk, the Competition Council (CC) met with the representatives of the dairy industry - cooperatives, processors and retailers - on 22 January. Although participants of the meeting showed different opinion about the current situation in the dairy market, it is to be established that the procurement prices...
Organizers of public procurements can spot bid-rigging features faster than others
The Competition Council draws attention to the possibilities of procurement organizers to be the first to spot suspicious coincidences in tenders of applicants, which may indicate to possible prohibited agreements of companies. In such cases it is significant for procurement organizers not to be indifferent and report about such suspicious coincidences to the Competition Council.
The CC achieves change of competition restricting conditions of sublease agreements at RIX
After negotiation procedure with the Competition Council of Latvia (the CC), AS “Riga Airport Commercial Development”, which manages sales areas of Riga International Airport and on the basis of mutually concluded agreements leases these areas to other retailers, has changed competition restricting conditions of these agreements with sublessees. SIA...
The Constitutional Court recognizes the exclusive rights of the CC to decide on the amount of a fine
The judgement adopted by the Constitutional Court on 22 December recognizes the current degree of administrative court review regarding fines imposed by the Competition Council of Latvia as compatible to the Satversme (the Constitution) and rights to fair trial. It means that also in the future when reviewing a fining decision by the Competition Council the court will not be able to change...
World competition experts meet at the Global Forum on Competition
The Global Forum on Competition takes places from 7th December to 8th December 2017 at the Organisation for Economic Co-operation and Development (OECD) Conference Centre in Paris, France. The forum is organised by the OECD and offers a platform for the world competition practitioners and academics to meet and discuss a wide variety of competition-related topics. The Competition Council of Latvia (the CC) i...
Young people discuss the competition significance on the World Competition Day
On 5th December, the World Competition Day, the awarding ceremony at the Competition Council is attended by authors of essays, who participated in the essay contest for secondary school pupils and students “Progress starts where there is competition”, organised by the authority. In their essays, secondary school pupils and students provided their vision about the significance of competition in their own da...
Competition Authority celebrates 25th Anniversary of Promotion of Fair Competition in Latvia
On 16 November, during the anniversary conference on promotion of fair competition “Towards fair competition: past, present, tomorrow” former and the current chairpersons of the competition authority, representatives of the state and local governments as well as entrepreneurs discussed the achievements of application of the competition law over passed during 25 years and future challenges of the...
The CC applies binding conditions on acquisition of MTG Broadcasting AB
On 6 October, the Competition Council of Latvia (the CC) adopted a decision to approve UAB Bite Lietuva acquiring of companies of MTG Broadcasting AB Group in Latvia. The CC has applied several binding conditions on the merger to prevent possible harm to competition on the television programme wholesale market and advertisement placement market on television. Ac...
The CC imposes a fine to construction materials producers and retailers for a long-term price fixing
On 31 August, the Competition Council of Latvia (the CC) adopted a decision regarding prohibited agreements between construction materials retailers and imposed a fine in the amount of 5.8 million euro to SIA DEPO DIY, AS Kesko Senukai Latvia, and SIA Tirdzniecības nams Kurši. Before this decision administrative agreements were concluded with SIA Knauf and SIA ...
Injured parties finally have a facilitated possibility to claim for compensation for damages
On 5 October, during the final reading the Saeima adopted the amendments to the Competition Law regarding compensation of damages. Amendments provide that further on consumers, companies and other involved parties will have a simplified and more efficient possibility to claim damages from infringers of competition law. Amendments to the Competition Law...