Copenhagen Economics has interviewed economists from the Competition Council of Latvia (CC), as well as a handful of prominent competition law firms for the chapter on Latvia.
The role of economic analysis seems to vary depending on the type of case and investigation; in merger control and in sector inquiries, economics has played an increasingly larger role in recent years. The number of mergers that move to Phase II investigation is still quite small. Abuse cases are often settled with the parties, meaning that there are few follow-on damages cases. The priority of CC seems to be bid-rigging in public procurement and government activity in market operations. However, the role and importance of economic analysis in these cases is limited.
Learn more in the Handbook of Competition Economics’ chapter on Latvia, written by Emmi Martikainen and Mindaugas Cerpickis.
An extract from GCR’s Competition Economics Handbook 2020, first published in November 2019.
For further information, please contact Emmi Martikainen.