The existing liabilities cannot serve as an obstacle for choosing another natural gas supplier
Since opening of the natural gas market in Latvia and, respectively, opportunities for entrepreneurs to choose a natural gas supplier with the most suitable offer, the Competition Council of Latvia (the CC) actively follows, so that rules of fair competition would be observed while the market situation is changing. In each market liberalization situation, the in...
The CC, CPCB and PMB launches a cycle of seminars in the largest cities of Latvia
The Competition Council of Latvia (the CC) in cooperation with the Corruption Prevention and Combating Bureau (the KNAB) and the Procurement Monitoring Bureau (the PMB) invites entrepreneurs, as well as procurement specialists of public and municipal authorities, to participate in the educational cycle of seminars “On Fair Entrepreneurship” in the largest cities of Latvia.
Restoration of credibility – a possibility for bid-rigging participants to participate in procurements
In this year, the Competition Council of Latvia (the CC) has issued a positive opinion on the possibility to regain their credibility and exemption from one-year prohibition to participate in public procurements to two companies, which were previously fined for involvement in a cartel agreement. In the last year, when amendments to the regulatory framework on public procurements came into force, the CC issu...
The CC allows to gain decisive influence over SIA “K Prof”, SIA “Polo LS” and SIA “Daugavkrasts M”
On 14 March, the Competition Council of Latvia (the CC) adopted a decision according to which it allows two mutually related transactions – for the groups W.P.Carey and Kesko Oyj to gain joint decisive influence over UAB “Baltic Retail Properties” and indirectly over three companies registered in Latvia – S...
The CC: Market leaders are responsible for ensuring fair competition on the market
Having assessed the existing situation on the market, after public announcements made at the end of the last year on possible price increase for dairy products, the Competition Council of Latvia (the CC) concludes – the price increase for procurement of raw milk was temporary in the second half of 2016 and, most likely, it has stopped. At the same time, the CC repeatedly indicates to the responsibilit...
The CC imposes a fine on two public transportation service providers for coordination of fares
On February 27, the Competition Council of Latvia (the CC) adopted a decision to impose fine on two public transport service providers of the capital of Latvia – SIA Rīgas satiksme (RS) and PS Rīgas mikroautobusu satiksme (RMS) – for concluding a prohibited agreement, that RMS fare shall not be lower than the tariff (fare) of RS. The CC imposed a fine in total of almost 2.3 mil...
Several significant events on the competition law issue take place in Berlin
From 15 to 17 March, two significant international events were organized in Berlin for enforcers of competition law – the annual discussion of European competition authorities and the 18th Conference on Competition. In both these events the Competition Council of Latvia was represented by the Chairwoman of the authority Skaidrīte Ābrama. At the event of Eu...
The Regional Administrative Court agrees with the Competition Authority of Latvia to fine AS „KIA Auto”
On 10 March 2017 the Regional Administrative Court has dismissed the application of AS „Tallina Kaubamaja” un AS „KIA Auto”, conforming the Competition Council’s of Latvia (the CC) decision to fine AS „KIA Auto”.
Competition Council of Latvia participates at the VI International Competition Forum of Ukraine
On 2 March, the Chairwoman of the Competition Council of Latvia (the CC) Skaidrīte Ābrama participated at the VI International Competition Forum of Ukraine to share Latvian experience implementing the recommendations of the Organisation for Economic Cooperation and Development (OECD). The Forum is hosted by the Competition Development Foundation and the Antimono...
Competition in terms of price is significantly restricted on the cigarette market
After completion of a sector inquiry into the market of cigarette distribution, the Competition Council of Latvia (the CC) concluded, that companies have limited possibilities to compete in terms of price at wholesale and retail level. Since the regulatory framework stipulates, that manufacturers or importers of cigarettes shall determine a maximum retail price for products, retailers are restricted in dete...