The Latvian Competition Council imposes fines for failure to notify a de facto concentration (Latvijas Mobilais Telefons)

On 16 April 2008, the Latvian Competition Council (hereinafter the “Competition Council”) adopted two decisions regarding the acquisition of control over ZetCOM, SIA (hereinafter “ZetCOM”) by Latvijas Mobilais Telefons, SIA (hereinafter “LMT”). In the first decision, the Competition Council found cooperation agreements concluded between the two companies in 2005 and 2006 to constitute a de facto concentration and consequently closed the investigation into the companies' compliance with the prohibition of anti-competitive agreements. In the second decision, the Competition Council imposed a fine on LMT for failure to notify the concentration in due time. LMT, a limited liability company, is the incumbent mobile telephony company in Latvia. ZetCOM, also a limited liability company, is a

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Dace Silava-Tomsone, Uģis Zeltiņš, The Latvian Competition Council imposes fines for failure to notify a de facto concentration (Latvijas Mobilais Telefons), 16 April 2008, e-Competitions April 2008, Art. N° 22053

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