The Latvian Competition Authority fines a company for infringement of the merger regulatory framework (MM Grupp)

​The CC imposes a fine on OÜ “MM Grupp” for infringement of merger regulatory framework* On 18 January, the Competition Council of Latvia (the CC) imposed a fine of 32,200 euros on OÜ “MM Grupp”, a company registered in Estonia, which is the owner of the Latvian news agency SIA “LETA”. During the assessment of merger notification of OÜ “MM Grupp” and SIA “LETA”, the Estonian company did not provide the CC with essential information about extensive recruitment of employees from the segregated companies and respectively prevented the authority to make

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Latvian Competition Authority, The Latvian Competition Authority fines a company for infringement of the merger regulatory framework (MM Grupp), 25 January 2019, e-Competitions Bulletin January 2019, Art. N° 89074

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