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Information about the Amendments to the Competition Law

1. New provision in Competition Law: dominant position in retail trade Amendments to the Competition Law, Article 13 Such market participant or several market participants who, considering its (their) buying power and suppliers dependence in relevant market, is able directly or indirectly apply or impose unfair and unjustifi...

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The Competition Council Imposes Penalty on AKKA/LAA for Abuse of Dominant Position

On 1 December 2008 the Competition Council of Latvia (CC) has adopted decision on Latvian collective copyright management association AKKA/LAA (“Copyright and Communication Consulting Agency/Latvian Authors Society”) - to impose fines in amount of 11 134 LVL and the legal obligation to dismiss the detected violations for abuse of dominant position by applying unfair royalty tariffs for pub...

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