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19/06/2019

The compulsory civil liability insurance of owners of motor vehicles market in Latvia requires significant adjustments


The extensive regulation and excessive disclosure of financial and performance indicators have made the compulsory civil liability insurance of owners of motor vehicles (MTPLI) market exceedingly transparent. This allows the insurance companies to keep up with the pursuits of their competitors very easily and make economically unjustified derogations from their pricing policy. As the MTPLI is mandatory for the owne...

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06/06/2019

​One of the main OECD recommendations – to strengthen the Competition Council of Latvia


To promote productivity and competitiveness of the economy of Latvia, the Organization for Economic Cooperation and Development (OECD) recommends strengthening powers of the Competition Council of Latvia (the CC) and providing sufficient funding for recruitment of qualified specialists in its Economic Survey of Latvia

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16/05/2019

The CC receives an international award for the proposal to open the vehicle technical condition control market


The Competition Council of Latvia (the CC) has received the highest award at the Competition Advocacy Contest 2018-2019, organised by the World Bank Group and the International Competition Network, for the initiative to open the vehicle technical condition control market for free competition. The Cha...

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09/05/2019

​The Competition Council wins the last court proceedings concerning energy construction bid-rigging


Alongside with the last judgment adopted by the Supreme Court on 26 April, the series of court proceedings of the Competition Council of Latvia (the CC) regarding the energy construction bid-rigging, detected in 2013, where 26 companies deliberately distorted competition and made procurements more costly in the framework of more than 300 procurements, were completed with a favourable result. Fines totalling 2&nbs...

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24/04/2019

The CC fines the companies involved in bid-rigging in price quotations on supply of nanotechnology chemicals


On 12 April, the Competition Council of Latvia (the CC) detected a prohibited agreement implemented by six applicants and supported by the municipal passenger carrier SIA “Rīgas satiksme” on supply of nanotechnology chemicals. The CC imposed a total fine of 2.4 million euros on the organizer SIA “Rīgas satiksme” and the applicant SIA “Sava arhitektūra”.  The other five bid-rigging participants – SIA “RS Baltic...

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28/03/2019

The Competition Council of Latvia will be able to prevent competition distortions caused by public administrative bodies


On 28 March, the Saeima adopted in the final reading amendments to the Competition Law, which grant the Competition Council of Latvia (the CC) the powers to address competition distortions caused by public administrative bodies, local governments and their undertakings. Skaidrīte Ābrama, the Chairwoman of the CC: “Competition distortions caused by public administrative bodie...

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21/03/2019

The CC sends a Statement of Objections to participants of alleged bid-rigging in the price quotation on supply of nanotechnology chemicals


The Competition Council of Latvia (the CC) has informed the municipal company SIA “Rīgas satiksme” (passenger carrier in the capital city) and several market participants of its preliminary view, that they have allegedly concluded a prohibited agreement within two price quotations on supply of nanotechnology chemicals. The Statement of Objections with the evidence detected by the authority serves as the closing sta...

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19/02/2019

​The CCL’s litigation nominated in GCR Awards 2019


The Competition Council of Latvia litigation against the collective copyright management association AKKA/LAA for excessive pricing was nominated as “Enforcement action of the year” in GCR Awards 2019. In 2013, Latvia’s Competition Council fined copyright management association AKKA/LAA €32,000 for excessive pricing. The Latvian enforcer had investigated the association to c...

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01/02/2019

Most characteristic features in the competition environment in Latvia in 2018


The Competition Council of Latvia (the CC) adopted in total 26 decisions in the last year, where infringements of the Competition Law were detected in five cases, thus imposing fines on eight companies. Previously imposed fines in the amount of EUR 445 613 were paid into the state budget in 2018. Bid-rigging – one of the main problems in the competition...

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25/01/2019

​The CC imposes a fine on OÜ “MM Grupp” for infringement of merger regulatory framework


On 18 January, the Competition Council of Latvia (the CC) imposed a fine of 32,200 euros on OÜ “MM Grupp”, a company registered in Estonia, which is the owner of the Latvian news agency SIA “LETA”. During the assessment of merger notification of OÜ “MM Grupp” and SIA “LETA”, the Estonian company did not provide the CC with essential information about extensive recruitment of employees from the segregated companies...

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11/01/2019

The CC prohibits MAXIMA to use the retail premises in Riga centre


On 17 December, the Competition Council (the CC) took a decision to prohibit SIA MAXIMA Latvija (MAXIMA) to use the commercial premises in the centre of the capital Riga, at Tērbatas iela 33/35. The CC established that the planned transaction would significantly reduce competition on the relevant market, limit the possibility of consumers to purchase daily consumer products in stores of bigger number companies and...

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18/12/2018

The CC detects forbidden coordination of activities by providers of office equipment maintenance and delivery services


On 7 December, the Competition Council of Latvia (the CC) adopted a decision, according to which it detected unlawful and repeated coordination of activities between providers of office equipment maintenance and delivery services SIA “TOMEGA” and SIA “BTK.LV”. The CC imposed a fine of 33 268 EUR on SIA “TOMEGA” for bid-rigging in public procurement procedures. Due to liquidation of the other participant o...

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06/12/2018

One entrepreneur out of ten in Latvia is ready to deliberate competition distortion for gaining illegal profit


The public opinion study, implemented by the Competition Council of Latvia (the CC) and presented on the World Competition Day, reveals a worrying trend: one surveyed entrepreneur out of ten in Latvia would be ready to deliberately agree with competitors or exercise any other competition distortion to gain illegal profit. Also 8 % of surveyed local governments expressed their readiness to supp...

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28/11/2018

​The Chairwoman of the Competition Council of Latvia elected as a Member of the Bureau of the OECD Competition Committee


On 27 November, the Chairwoman of the Competition Council of Latvia (the CC) Skaidrīte Ābrama was elected as a Member of the Office of the OECD Competition Committee, thus becoming the first Eastern European representative, who will have a chance to participate in development of OECD competition policy programme and agenda. These election results serve as evidence of world level exper...

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26/11/2018

​The two-year cycle of education of procurement organizers and entrepreneurs is completed


The Competition Council of Latvia (the CC), the Corruption Prevention and Combating Bureau (the CPCB) and the Procurement Monitoring Bureau (PMB) within the joint two-year cycle of seminars have educated 600 participants in 11 cities of Latvia. The closing seminar was organised in Riga, the capital city of Latvia, at the premises of the largest association of entrepreneurs – Latvian Chamber of Commerce and Industry...

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