Procedures for the Determination of Fines for the Violations Provided for in Section 11, Paragraph one, Section 13 and Section 14. Considering the Authority's budget in this period, each euro allocated to the Authority generates average benefit of 19.32 euros. The CC among other things, relates such outcome of the competition with the insufficiently low remuneration as opposed to the high job responsibilities.
The Competition Council of Latvia (the CC) has calculated that the average public benefit from implementation of the competition policy in Latvia during the period from 2017 to 2019 exceeds 24.8 million euros a year. The Lithuanian undertaking has paid fine 57 419 EUR into the Latvian state budget.
To reduce bid-rigging risk in the future, the CC in cooperation with the (...), The CC imposes a fine on SIA “ZAAO” for abuse of market power* (...), The Competition Council fines AS „KIA Auto”* 795 (Word document) “Procedures for the Determination of Fines for the Violations Provided for in Section 11, Paragraph one, Section 13 and Section 14. UAB Vaizga pleaded guilty and prompted to conclude an administrative agreement. On 14 December 2012, the Competition Council adopted a decision to fine AS Drogas which is the largest retail chain in the sector of health, beauty and household goods retail in Latvia. 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 (...), Competition Authority warns 15 Undertakings* The Competition Council of Latvia (the CC) has identified a number of existing competition barriers created by both market structure and regulatory framework in the waste-management market in Latvia after commencing a (...), The CC fines with EUR 1.6 million two Plasterboard Suppliers of Knauf Group* In April 2018, the Competition Council of Lithuania initiated investigation in seven companies – SAS “Tikkurila”, SIA “Tikkurila”, UAB “Kesko Senukai Lithuania”, UAB “Kesko Senukai Digital” and UAB “Ermitažas”, UAB “DAW Lietuva” and UAB “Topcolor”.
For such actions, the (...), Funeral Service Industry Needs to be Reformed*
In 2020, majority of public administrative bodies pursuant to Section 88 of the State Administration Structure Law (the SASL) are obliged to carry out assessment, whether their involvement in commercial activity through their owned capital companies is legally and economically justified. Considering the Authority's budget in this period, each euro allocated to the Authority generates average benefit of 19.32 euros. 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.
While assessing the (...), The CC Finds Distortion of Land Survey Market in Riga* According to the Latvian Competition Law, the CC is entitled to impose fine of up to 3% of the net turnover for failure to submit merger notification timely. On 10 February 2012, the Competition Council (CC) took a decision establishing that Riga International Airport (Airport) had abused its dominant position by charging to the Irish airline Ryanair substantially lower prices for (...), The CC Repeatedly Fines Riga Freeport Authority for Abuse of Dominant Position* Ltd., „L.D.V."
On 13 November 2010 the Competition Council (CC) adopted a decision to approve the proposed merger of Baltkom group and Izzi group – the second and the third largest telecommunication companies in Latvia. The CC concluded that these procurements involve deformed competition, facili... On 23 March 2020, all competition authorities in the European Competition Network (the European Commission, the European Surveillance Authority, and the national competition authorities of the EU/EEA) are issuing a joint statement on how to apply the European competition rules during the crisis. 18 06 2020. Competition Council of the Republic of Latvia. The Administrative Regional Court in its judgments of 17 February has rejected applications of AS “Kesko Senukai Latvia” and SIA “Tirdzniecības nams “Kurši”” on cancellation (...), New framework of the competition law in Latvia against competition distortions created by public administrative bodies comes into force* Retailer Palink receives fine for unfair commercial practices to food and drink suppliers . Reproduction is authorised provided the source is acknowledged. The Competition Council of Latvia (the CC) has prepared a self-assessment tool for entrepreneurs, so that they could verify in an easy manner, whether they have not engaged in a prohibited agreement with (...), The CC develops a self-assessment tool, aimed at facilitating assessment of participation of public administrative bodies in a capital company* 01/07/2020 The CC: the car number plates procurement organised by CSDD is favourable for one company. “Procedures for the Determination of Fines for the Violations Provided for in Section 11, Paragraph one, Section 13 and Section 14.1 of the Competition Law and Sections 5, 6, 7 and 8 of the Unfair Retail Trade Practices Prohibition Law” No.
It acts as a guardian in relation to the prohibitions of abuse of dominant position and anticompetitive agreements and it conducts the review of mergers and other economic concentrations.
On 14 May 2009 Competition Council of Latvia (CC) adopted a decision on establishing a prohibited agreement in activities of MOBILUX Ltd. by fixing minimal resale prices for the M-LUX computers it produces.
On 30 November 2010 the Competition Council (CC) adopted a decision to fine one of the largest retail chains in Latvia RIMI Latvia Ltd. for abuse of dominant position in retail trade. The Competition Council of Latvia announced that on April, 2018 it cleared the proposed acquisition of Latvian company Petrol Property by the Lithuanian company Vaizga. Skaidrīte Ābrama, the Chairwoman of the CC: “When I became the Head of the Authority, basically, I had two main goals. On 8 April 2011 the Competition Council (CC) adopted a decision establishing the existence of a prohibited agreement between retail chain (Rimi group) and lessor of selling space in shopping (...), Prohibited Agreement in Banking Sector* On 30 September, the Competition Council of Latvia (the CC) fined SIA Knauf and Norgips sp. On 4 February 2009, after receiving of written pledge from the company SIA „Preses Serviss" ("Press Service" - PS) to fulfil its legal obligations preventing from negative impact on competition, caused by its illegal (...), The Competition Council Imposes Penalty on AKKA/LAA for Abuse of Dominant Position* The Competition Council of Latvia (the CC) has calculated that the average public benefit from implementation of the competition policy in Latvia during the period from 2017 to 2019 exceeds 24.8 million euros a year. “Regulations Regarding Non-subjection of Certain Vertical Agreements to the Prohibition of the Agreement Specified in Section 11, Paragraph One of the Competition Law” No. This page contains links to the ECN members' websites On 7 December, the Competition Council of Latvia (the CC) adopted a decision, according to which it detected unlawful and repeated coordination of activities between (...), Latvian competition authority fines Lithuanian company UAB Vaizga for unnotified merger* Paula VilsoneHead of the Communication UnitCompetition Council of LatviaE-mail: paula.vilsone@kp.gov.lv, Latvian Competition Authority fines Lithuanian company UAB Vaizga for unnotified merger. On 13 January 2011 the Competition Council (CC) adopted a decision to fine one of the largest retail chains in Latvia MAXIMA Latvija Ltd. for abuse of dominant position in retail trade.
For example, authorities exchange information on obtained evidence and carry out well-coordinated dawn raids in the countries affected by the respective infringement.
On 21 March, the Competition Council of Latvia (the CC), imposed a fine of EUR 36 665 on the waste management company SIA “ZAAO”, owned by several municipalities, for abuse of dominant position. On 1 January 2020, amendments to the Competition Law of the Republic of Latvia entered into force prohibiting public administrative bodies – the state, local (...), The CC imposes fine on one of the largest traders of building materials for non-fulfilment of the company obligation* 179. On 1 February 2011, the Competition Council of Latvia (CC) published its conclusions of the Sector Inquiry into the pricing system in medicine market in Latvia. The … With the decision of 5 May 2009 the Senator Collegium of the Department of Administrative Cases of the Senate of the Supreme Court has dismissed legal proceedings concerning the 17 July 2002 decision (...), The Competition Council Comes to Agreement with SIA "Preses Serviss"* Companies were found to coordinate (...), The CC finds Unreasonably High Fees for the Entrance of a Bus Terminal* Within it, the CC analysed the structure and trends of the market, evaluated (...), The Competition Council sets to change the practice of debt collection of AS "Latvijas Gāze"*
Skaidrīte Ābrama, the Chairwoman of the CC: “Cooperation of competition authorities plays a significant role in detection of cross-border infringements. As the Lithuanian UAB Vaizga failed to submit merger notification before closing the transaction, the CC initiated a formal case investigation. 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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