The Latvian Competition Authority permits entrepreneurs to make joint purchases of raw materials due to disruptions from sanctions imposed on Russia and Belarus subject to the Authority's clearance

Competition Authority, Latvian

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4 Apr 2022

The Latvian Competition Authority permits entrepreneurs to make joint purchases of raw materials due to disruptions from sanctions imposed on Russia and Belarus subject to the Authority’s clearance

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Reference

Latvian Competition Authority, Entrepreneurs may agree to jointly purchase raw materials in the event of a shortage of raw materials, Press release, 4 April 2022

The CC: Entrepreneurs may agree to jointly purchase raw materials in the event of a shortage of raw materials As a result of the Russian Federation’s military aggression supported by the Republic of Belarus and the associated sanctions imposed on these countries, businesses in several sectors are currently facing and may face significant shortages of raw materials, such as shortages of metal and crops for food production, as well as shortages of other raw materials. The Competition Council (the CC), considering the current situation, explains that entrepreneurs, regardless of the sector, are entitled to make

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Latvian Competition Authority
Latvian Competition Council (Riga)

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Quotation

Latvian Competition Authority, The Latvian Competition Authority permits entrepreneurs to make joint purchases of raw materials due to disruptions from sanctions imposed on Russia and Belarus subject to the Authority’s clearance, 4 April 2022, e-Competitions April 2022, Art. N° 106095

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