The Competition Council (CC) has calculated that the average public benefit resulting from the implementation of competition policy in Latvia during the period from 2023 to 2025 amounts to approximately EUR 44 million per year. Taking into account the institution’s budget over this period, each euro allocated to the authority generates an average public benefit of EUR 9.62. To calculate the public benefit generated by the CC, the authority’s decisions adopted between 2023 and 2025 were reviewed…
The Competition Council (CC) has calculated that the average public benefit resulting from the implementation of competition policy in Latvia during the period from 2023 to 2025 amounts to approximately EUR 44 million per year. Taking into account the institution’s budget over this period, each euro allocated to the authority generates an average public benefit of EUR 9.62. To calculate the public benefit generated by the CC, the authority’s decisions adopted between 2023 and 2025 were reviewed, identifying the typical price increase associated with each type of infringement and the possible duration of the infringement. In addition, the positive effect of the authority’s preventive actions was also taken into account, such as warnings and…
