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03/09/2015

Competition Authority warns 15 Undertakings


In the first half of 2015, the Competition Council (CC) of Latvia has issued warnings to 15 undertakings under suspicion of breach of the Competition Law. Most warnings have been issued to tenderers of public procurements, thus once again proving that procurements in Latvia still is an area most exposed to competition distortions. The CC can issue a warning inst...

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18/08/2015

Latvian Competition Authority launches Draft Merger Guidelines


In August 2015, the Competition Council (CC) of Latvia launched to the public consultation the draft version of the merger guidelines. Merger guidelines are to ease to merger participants fulfil all requirements for submitting a complete merger notification. As the CC has concluded during its experience of merger review and multiple surveys carried out to identif...

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31/07/2015

Competition Authority fines 11 Tenderers of Logging Procurement


On 14 July, the Competition Council (CC) of Latvia took a decision to fine 11 undertakings for coordinating their tenders with one or several other tenderer in a public procurement of timber preparation. For such actions, the fine was imposed in the total amount of EUR 70 003.44. The prohibited information exchange was carri...

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28/07/2015

Video: Nobody gains from a Cartel


The Competition Council of Latvia launches a video to promote competition culture and to raise awareness of market participants and the society about the competition law. The video takes a close look at the most severe competition infringement – cartel. It gives a brief explanation on why coordinated activities o...

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27/07/2015

Competition Authority analyses Cooperation of Food Retailers


The Competition Council (CC) of Latvia has concluded sector inquiry into the market of cooperation networks/purchasing associations of food retailers. Within the inquiry, the CC analysed the competition situation and identified problems that have to be averted by retailers by the start of 2016 when a new Unfair Retail Practice Prohibition Law enters into force. 

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02/07/2015

State Authorities: Funeral Service Industry Needs to be Reformed


The Competition Council (CC) of Latvia together with the Consumer Rights Protection Centre (CRCP) and the State Revenue Service (SRS) conclude that the market of funeral services lacks a regulatory framework, therefore the competition is distorted and consumers are adversely affected. The CC, the CRCP and the SRS suggest consumers to carefully evaluate service components and prices, and recommend responsibl...

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19/06/2015

The Competition Council agrees to conclude an administrative contract with the Freeport of Riga Authority to immediately eliminate Distortion of the Competition in the Riga’s Port


On 12 June, the Competition Council (CC) of Latvia signed an administrative contract with the Freeport of Riga Authority (FRA) which anticipates that the FRA ceases to provide commercial services of tug boats, thus, terminating unlawful targeting of private tugboat service operators that lasted for more than seven years. For abusing its dominant position, a fine was imposed on the FRA in the amount of EUR&n...

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29/05/2015

Suppliers to be protected against Unfair Commercial Practices


On 21 May, the Saeima adopted new Unfair Retail Practice Prohibition Law and related amendments to the Competition Law in order to balance interests of retailers and their suppliers. The law is designed to prevent food retailers from using their market power to apply exploitative requirements to suppliers. The new regulation prohibits the food retailers to set an...

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11/05/2015

12th Baltic Competition Conference held in Latvia


On 8 May, the Competition Council of Latvia hosted the annual regional 12th Baltic Competition Conference in Riga, the capital of Latvia. The conference was devoted to four topics: detection of prohibited agreements, merger and acquisition control, dominance and sectorial issues and communication, competition advocacy and strategic issues. The event brought together pa...

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07/05/2015

Strong and fair competition - a pathway to economic growth


Riga, 7 May 2015 – The European Competition Day Conference on 7 May served as a platform to world’s leading competition law experts, representatives of EU competition authorities, Latvian entrepreneurs, representatives of NGOs and national administrative authorities, academics, judges and lawyers focusing on competition law to discuss the best solutions to ensure that competition policy makes the market...

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01/05/2015

Conference in Riga to discuss more effective competition protection


On 7 May 2015, the European Competition Day Conference will take place at the National Library of Latvia in Riga. It will bring together leading European and international competition law experts to discuss topics relevant to the EU Member States – tackling cartels, the co-existence of state and private enterprises in markets, and the lack of balance between the market power of retailers an...

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02/04/2015

Competition and Consumer Authorities draw Conclusions on Electricity Market Opening


The Competition Council (CC) of Latvia has concluded a sector inquiry into the electricity market, while the Consumer Rights Protection Centre (CRPC) has evaluated offers and draft contracts by electricity traders, as well as has received the first complaints from consumers regarding the opening of the electricity market in Latvia. The CC stresses – in gen...

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18/03/2015

The CC fines Fuel Dealers for Unnotified Merger


On 12 March, the Competition Council (CC) fined fuel dealers – SIA LUKoil Baltija R and SIA Akselss – for not submitting a merger notification timely. Both undertakings secretly operated as one undertaking since December, 2010, while a merger notification to CC was submitted only in early 2015. 

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16/02/2015

The Competition Council Publishes Priorities for 2015


The Competition Council (CC) of Latvia has set its goals for the year 2015, prioritising ruthless fight against the most severe competition infringements, active promotion of the competition culture within society, as well as strengthening the capacity of the competition authority. This year, the CC will actively focus on promoting the competition culture in Latv...

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20/01/2015

The CC Fines Dealers of Volkswagen for 7.6 Million Euros


On 15 December, the Competition Council (CC) of Latvia imposed fines to official dealers and importer of Volkswagen cars in Latvia for taking part in a cartel. For at least five years undertakings systematically coordinated their participation in procurements, therefore distorting offers and denying opportunities to clients of Volkswagen to purchase such c...

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