The Latvian Supreme Court mandates that to conclude the existence of anticompetitive object, the economic context of the agreement must be fully ascertained (Visma Enterprise)

On 9 December 2013 the Latvian Competition Council passed decision no. E02-61, whereby it established existence of prohibited vertical agreement. [1] The agreement concerns the right of distribution of an accounting program, owned by SIA „Visma Enterprise”. The fine was imposed upon Visma Enterprise in the amount of c.a. EUR 64’029. No dealer was fined by the authority. The decision was appealed and reviewed by the Administrative Regional Court (the court of first instance in competition cases) twice, then both judgments were squashed by the Supreme Court. The final award is still pending at the date of this publication. The agreement at issue provided that the dealers, when initiating the sales process with a particular buyer, were to register the potential transaction. Registration

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Julija Jerneva, The Latvian Supreme Court mandates that to conclude the existence of anticompetitive object, the economic context of the agreement must be fully ascertained (Visma Enterprise), 16 June 2017, e-Competitions June 2017, Art. N° 96229

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