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The Latvian Competition Authority prohibits the relocation of a major retail consumer goods company to a major shopping centre due to effect on market competition (Rimi / Plesko real estate)

The court upholds the decision of the Competition Council to prohibit RIMI from using retail premises in the shopping centre "DOMINA Shopping"* The Senate of the Republic of Latvia, having decided not to initiate cassation proceedings on August 30, has upheld the 2017 decision of the Competition Council (the CC) to prohibit SIA "Plesko Real Estate" from granting SIA "RIMI LATVIA" (RIMI) the right to use retail premises in the shopping centre "DOMINA Shopping ” in Riga, Ieriķu street 3. In 2017, the CC determined that the entry of RIMI into the shopping centre "DOMINA Shopping" in the premises where SIA "Prisma Latvija" operated before, would increase and strengthen RIMI's market power and leading position both in the segment of multifunctional shopping centres and in the specific

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Latvian Competition Authority, The Latvian Competition Authority prohibits the relocation of a major retail consumer goods company to a major shopping centre due to effect on market competition (Rimi / Plesko real estate), 7 September 2022, e-Competitions Preview, Art. N° 108593

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