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25/11/2015

Competition Council invites to the Conference on Competition Assessment


The Competition Council of Latvia in cooperation with the State Chancellery of Latvia invites decision-makers of the state and local municipalities to the conference “Pro-competitive Public Administration: Contribution to Economic Development”, to be held in Riga, the capital of Latvia, on 2 December. In the context of the Competition Council’s...

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23/11/2015

The CC publishes Merger Notification Drafting Guidelines


The Competition Council (CC) of Latvia has developed Merger Notification Drafting Guidelines to improve the merger notification procedure, as well as for businesses to clear and ease the process of preparing the merger notification. The current merger notification review practice of the CC and multiple businesses’ surveys show that for entrepreneurs it is...

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12/11/2015

The Competition Law Enforcement in Latvia marks its 23rd anniversary


Today, on 12 November, it is the 23rd anniversary of the protection of competition in Latvia. The competition law in Latvia can be divided in several historic stages. After Latvia regained its independence, a new law was adopted and the Monopoly Monitoring Committee was founded. In times when the free market economy and its underlying private property...

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21/10/2015

Lawyers’ Forum to discuss Competition Topicalities


On 16 October, the Competition Council (CC) of Latvia hosted the third Lawyers’ Forum –annual discussion between representatives of the Latvian competition authority and law offices. During the forum, experts and lawyers who otherwise meet at more formal context, discussed topical issues in application of the competition law, as well as mutually in an open conversation searched for the solutions...

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12/10/2015

The CC Clears Purchase of SIA Rīgas piensaimnieks


On 25 September, the Competition Council (CC) of Latvia cleared Meridian Capital CIS Fund purchase of SIA Rīgas piensaimnieks. In the decision, the competition authority foresees that such merger will not to distort competition and will develop export capacity and increase the purchase of raw milk in Latvia.

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08/09/2015

Court agrees with the Competition Authority to fine the National Gas Supplier


On 2 September, the Administrative Regional Court confirmed the Competition Council’s (CC) decision to impose the only natural gas supplier in Latvia – AS „Latvijas Gāze” – remedies to change the practice of debt collection and a fine in the amount of 2.2 million euros for abusing the dominant position.

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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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