News
28.04.2017.
The CC detects bid-rigging among distributors of professional stage equipment
On 30 May, the Competition Council of Latvia (the CC) adopted a decision to impose a fine on nine companies, which had coordinated their activities within the framework of procurements of public and municipal authorities and cultural institutions owned by these authorities on acquisition of professional video, lighting, sound equipment and stage equipment. The CC imposed a fine in the total amount of 473,083 euros on the companies. Lasīt vairāk
26.04.2017.
The CC allows SIA “MAXIMA Latvija” to open a store in “DOMINA Shopping”
On 13 April, the Competition Council of Latvia (the CC) adopted a decision to allow SIA “EfTEN Domina” to grant to SIA “MAXIMA Latvija” (MAXIMA) the right to use retail sales premises at the shopping centre “DOMINA Shopping” in Riga, Ieriķu Street 3. Lasīt vairāk
04.04.2017.
The existing liabilities cannot serve as an obstacle for choosing another natural gas supplier
Since opening of the natural gas market in Latvia and, respectively, opportunities for entrepreneurs to choose a natural gas supplier with the most suitable offer, the Competition Council of Latvia (the CC) actively follows, so that rules of fair competition would be observed while the market situation is changing. Lasīt vairāk
30.03.2017.
The CC, CPCB and PMB launches a cycle of seminars in the largest cities of Latvia
The Competition Council of Latvia (the CC) in cooperation with the Corruption Prevention and Combating Bureau (the KNAB) and the Procurement Monitoring Bureau (the PMB) invites entrepreneurs, as well as procurement specialists of public and municipal authorities, to participate in the educational cycle of seminars “On Fair Entrepreneurship” in the largest cities of Latvia. Lasīt vairāk
29.03.2017.
Restoration of credibility – a possibility for bid-rigging participants to participate in procurements
In this year, the Competition Council of Latvia (the CC) has issued a positive opinion on the possibility to regain their credibility and exemption from one-year prohibition to participate in public procurements to two companies, which were previously fined for involvement in a cartel agreement. In the last year, when amendments to the regulatory framework on public procurements came into force, the CC issued eight positive opinions on the possibility to restore credibility. Lasīt vairāk
28.03.2017.
The CC allows to gain decisive influence over SIA “K Prof”, SIA “Polo LS” and SIA “Daugavkrasts M”
On 14 March, the Competition Council of Latvia (the CC) adopted a decision according to which it allows two mutually related transactions – for the groups W.P.Carey and Kesko Oyj to gain joint decisive influence over UAB “Baltic Retail Properties” and indirectly over three companies registered in Latvia – SIA “K Prof”, SIA “Polo LS” and SIA “Daugavkrasts M”. The CC adopted a positive decision, because no harm will be caused to competition with these transactions. Lasīt vairāk
23.03.2017.
The CC: Market leaders are responsible for ensuring fair competition on the market
Having assessed the existing situation on the market, after public announcements made at the end of the last year on possible price increase for dairy products, the Competition Council of Latvia (the CC) concludes – the price increase for procurement of raw milk was temporary in the second half of 2016 and, most likely, it has stopped. At the same time, the CC repeatedly indicates to the responsibility of market leaders, when making public announcements on possible price changes, which may serve as a signal for groundless price increase also for other participants in the sector. Lasīt vairāk
20.03.2017.
The CC imposes a fine on two public transportation service providers for coordination of fares
On February 27, the Competition Council of Latvia (the CC) adopted a decision to impose fine on two public transport service providers of the capital of Latvia – SIA Rīgas satiksme (RS) and PS Rīgas mikroautobusu satiksme (RMS) – for concluding a prohibited agreement, that RMS fare shall not be lower than the tariff (fare) of RS. The CC imposed a fine in total of almost 2.3 million euros on both companies and a legal obligation to end the prohibited activities, and for RMS to determine fares independently, based on objective, verifiable and substantiated calculations. Lasīt vairāk
20.03.2017.
Several significant events on the competition law issue take place in Berlin
From 15 to 17 March, two significant international events were organized in Berlin for enforcers of competition law – the annual discussion of European competition authorities and the 18th Conference on Competition. In both these events the Competition Council of Latvia was represented by the Chairwoman of the authority Skaidrīte Ābrama. Lasīt vairāk
17.03.2017.
The Regional Administrative Court agrees with the Competition Authority of Latvia to fine AS „KIA Auto”
On 10 March 2017 the Regional Administrative Court has dismissed the application of AS „Tallina Kaubamaja” un AS „KIA Auto”, conforming the Competition Council’s of Latvia (the CC) decision to fine AS „KIA Auto”. Lasīt vairāk
03.03.2017.
Competition Council of Latvia participates at the VI International Competition Forum of Ukraine
On 2 March, the Chairwoman of the Competition Council of Latvia (the CC) Skaidrīte Ābrama participated at the VI International Competition Forum of Ukraine to share Latvian experience implementing the recommendations of the Organisation for Economic Cooperation and Development (OECD). Lasīt vairāk
24.02.2017.
Competition in terms of price is significantly restricted on the cigarette market
After completion of a sector inquiry into the market of cigarette distribution, the Competition Council of Latvia (the CC) concluded, that companies have limited possibilities to compete in terms of price at wholesale and retail level. Since the regulatory framework stipulates, that manufacturers or importers of cigarettes shall determine a maximum retail price for products, retailers are restricted in determination of markup. Thus, the competition with final price is impossible. Lasīt vairāk
08.02.2017.
Māris Spička, the CC Executive Director: It is never too late to confess in a cartel
As the New Year has just started, the Competition Council of Latvia, as usual, implements active work, carrying out research and supervision of competition on various markets. Among other things, the CC investigates possible infringements of the Competition Law, imposing fines on large and small companies. Lasīt vairāk
03.02.2017.
Competition protection in Latvia: year 2016 in numbers and facts
The Competition Council of Latvia (the CC) has summarized operating results of the authority and main conclusions on competition and competition protection in Latvia. In the previous year, the CC adopted in total six decisions, imposing fines in total amount of 1 657 196.70 euros on 16 undertakings. Five cases involved infringements of competition law, whereas another fine was imposed for failure to execute lawful requests of officials of the CC. Lasīt vairāk
01.02.2017.
The priority of the CC in 2017 – promotion of competition neutrality and eradication of bid-rigging
After summarizing the results and events in the area of competition development in the last year, the Competition Council of Latvia (the CC) has set its operational priorities for 2017. As the most significant priorities shall be mentioned ensuring of equal competition conditions both to the private sector and the state and local governments, as well as active operation in combating of infringements that are detected in Latvia most frequently – prohibited agreements in public procurements. Lasīt vairāk