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01/04/2016

The CC spots Unseized Opportunities to Reduce Prices of Medical Services


In the context of a sector inquiry into the market of medical services, the Competition Council (CC) of Latvia identified gaps of sector regulation and governance that distort competition and hinder price reduction and increase of service availability. Due to regulations by the Cabinet of Ministers there have been set unjustified and nearly unfeasible requiremen...

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24/03/2016

Mr. Hitrovs takes up his Duties as a Council Member


On 24 March, Mr. Valentīns Hitrovs, the newly appointed member of the Competition Council (CC) of Latvia, begins to perform his duties. On 9 February, Mr. Hitrovs was appointed by the Cabinet of Ministers. Until the appointment, Mr. Hitrovs was the deputy director of the Legal department of the CC. In total, Mr. Hitrovs has an eight years long work experience at...

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21/03/2016

The CC takes a Close Look at the Dairy Market


The Competition Council (CC) of Latvia has recently concluded market study and sector inquiry into the dairy market in Latvia. Both researches provided the CC with an in-depth insight into the price changes within all phases of the market, as well as with knowledge of common factors that affect dairy market situation as whole. Data of both researches did not show any indications on possible competition law...

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15/03/2016

Mergers Examined by the CC: Analysis of the Recent Years and Future Trends


Over the past two years, the Competition Council (CC) of Latvia examined 32 mergers and six notified cooperation agreements within a total of 24 industries, thus, affecting the competition development in a segment of the economy of 3.8 billion. The CC drew such conclusions after analysing situation in markets in which the authority examined mergers and notified agreements in 2014 and 2015.

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14/03/2016

CC creates Public Benefits 52 Times Higher than its Funding


The Competition Council (CC) of Latvia has summarized its operational results of 2015, as well as for the first time in its history has estimated financial influence from the averted and prevented competitive harm. The calculation shows that over the past three years the CC has created benefits averagely in the amount of 51 million per year. Thus, each euro from the state budget for the CC’s operation...

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01/03/2016

Facts and Conclusions on the Competition Protection in Latvia of 2015


The Competition Council (CC) of Latvia has gathered operational results and the most significant conclusions on the competition supervision in Latvia of year 2015. Overall, in 2015, the CC disclosed eight competition law infringements, for which 29 undertakings were imposed with fines in the total amount of 1 042 440 EUR. During the last year, fines in the amount of 1 052 03...

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15/02/2016

Priority for 2016: Equal Competition as both Private and Public Responsibility


According to the analysis of the results of last year’s work and to market topicalities in Latvia and worldwide, the Competition Council (CC) of Latvia has set its priorities for 2016. Among other significant priorities the CC has named taking actions against market distortion...

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01/02/2016

The CC points at Competition Restrictions within the Taxi Service Market


The Competition Council (CC) of Latvia repeatedly calls for the Riga City Council to ensure principles of the fair competition within its regulation of providing the taxi services in the Old Town of the capital of Latvia, Riga. As for now, the municipality issues licences to carriers who offer taxi services in Riga. The licence is valid for providing services wit...

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29/01/2016

The CC fines Seven Loggers for Bid Rigging


On 14 December, the Competition Council (CC) imposed a fine in the total amount of 59 425 EUR on seven logging undertakings for operating a cartel in the state owned forest property and management company AS Latvijas valsts meži organized procurements. Tenders for two procurements in one of the forestries (Austrumvidzemes mežaismniecība) u...

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25/01/2016

The CC through Advocacy timely prevents Anti-competitive Amendments to VAT Law


The Competition Council (CC) of Latvia through competition advocacy prevented anticompetitive amendments to Latvia’s Value Added Tax Law (VAT Law). Draft amendments were discriminatory to private companies – organizers of cultural events – and therefore risked to restrict the competition and to hinder organization of commercial cultural events in the future.

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18/01/2016

The Amount of Interchange Fee in Latvia reduces for 4 Million Euros after Banks Avert a Competition Law Infringement


The Competition Council (CC) of Latvia has concluded a sector inquiry into the market of payment cards. The main conclusion of the inquiry is that the amount of interchange fee in Latvia has reduced for 4 million Euros after the CC took a decision to fine banks for a prohibited agreement. In 2011, the CC

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08/01/2016

The CC fines Two Hardware Suppliers for Bid Rigging


On 16 December, the Competition Council (CC) of Latvia took a decision to fine two hardwire suppliers SIA Expert Digital and SIA SIA Hannu Digital for a cartel agreement in a public procurement. The fine was set in a total amount of 11 573 EUR. Both cartel participants submitt...

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06/01/2016

The CC fines Undertakings for Bid Rigging in Medical Procurements


On 10 December, The Competition Council (CC) of Latvia fined two undertakings – SIA Optika un Diagnostika and SIA Arbor Medical Korporācija – for coordinating tenders in a total of six different procurements of medical equipment for medical treatment facilities. The fine was set in the amount of respectively 6440 EUR and 59 670 EUR.

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02/12/2015

Conference on Competition Assessment gathers Decision Makers from Public Bodies


On 2 December, the Competition Council (CC) in cooperation with the State Chancellery organised a conference “Pro-competitive Public Administration: Contribution to Economic Development” to raise awareness of the competition assessment to decision-makers of the state bodies and local municipalities. In the opening speech Ms Dana Reizniece-Ozola, the m...

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27/11/2015

Conference on Fair Cooperation between Retailers and Suppliers


At a conference on 27 November, the Competition Council (CC) of Latvia brought together suppliers, retailers and law enforcers in order to discuss upcoming changes regarding the newly adopted Law on Prohibition to Use Unfair Retail Practices. During the conference, the CC explained the main concepts of the law and presented guidelines for law implementation, whil...

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