The Latvian Supreme Court upholds the Competition Authority’s decision to fine a transportation and infrastructure company for bid-rigging (Rīgas satiksme)

The court leaves effective a decision of the Competition Council on involvement of SIA “Rīgas satiksme” in the so-called nano water acquisition bid-rigging* On 9 April, the Senate of the Supreme Court rejected the cassation claim of Riga Municipality capital company SIA “Rīgas satiksme” on the decision of the Competition Council (the CC), according to which the authority in 2019 detected a prohibited agreement implemented by SIA “Rīgas satiksme” and six other companies in price quotations on supply of nanotechnology chemicals,

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Latvian Competition Authority, The Latvian Supreme Court upholds the Competition Authority’s decision to fine a transportation and infrastructure company for bid-rigging (Rīgas satiksme), 19 April 2021, e-Competitions June 2021, Art. N° 100496

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