The transaction between the Latvian national airline airBaltic and Deutsche Lufthansa AG (Lufthansa), which will result in Lufthansa acquiring a 10% share in airBaltic, is currently in the public domain. It has been announced in the media that this transaction will be assessed by Germany’s national competition regulatory agency – the Federal Cartel Office; therefore, one might wonder whether the Competition Council of Latvia (CC) should also assess this transaction. As regards the notification…
The transaction between the Latvian national airline airBaltic and Deutsche Lufthansa AG (Lufthansa), which will result in Lufthansa acquiring a 10% share in airBaltic, is currently in the public domain. It has been announced in the media that this transaction will be assessed by Germany’s national competition regulatory agency – the Federal Cartel Office; therefore, one might wonder whether the Competition Council of Latvia (CC) should also assess this transaction. As regards the notification of the transaction in question, the Competition Law (CL) provides that a transaction must be notified to the CC if the merger transaction results in the acquisition of sole decisive influence or joint decisive influence or a change in the nature of…