Court repeals Latvian Competition Council’s record fine

The Administrative Regional Court has repealed the Competition Council’s EUR 7.4 Mio fine on the distributors of VW cars represented by VILGERTS.

This was the highest fine ever imposed by the Competition Council on one group of companies. In the judgment of 22 November, the court found that the Competition Council had failed to prove its case, given, among other things, that the sanctioned actions have not been established as harmful to competition in the case law of the EU courts.

VILGERTS Partner Debora Pāvila: “There is hope now for Latvian competition law. Up to date the decisions of the Competition Council were virtually untouchable. Law cannot develop in such circumstances.”

The Moller group companies were represented by the VILGERTS competition team: Debora Pāvila, Jūlija Jerņeva, Jānis Sarāns and Katrīne Pļaviņa. VILGERTS teamed up with the remarkable economist the late Alfrēds Vanags.

by Debora Pāvila, Partner, Latvia

Team

Related Experience

VILGERTS assisted Summus Capital OÜ with the issue of unsecured bonds in the amount of EUR 10 million, arranged by Signet bank.  Summus Capital OÜ, established in 2013, is an Estonian-based investment company which has diversified commercial real estate portfolio in the Baltics. The group possesses a portfolio of cashflow generating commercial real estate properties in the retail, office, logistics and medical segments. The VILGERTS team included managing partner, Gints Vilgerts and senior associate, Kristīne Mora.  Other lawyers involved, included Kaido Loor.

Assistance to Latvijas valsts meži concerning the obligation of a contracting authority to assess independence of bids by related tenderers.

Advising and representing Lursoft in the Latvian courts to appeal the GDPR fine imposed by the regulator.

Assistance to a waste management company concerning market investigation by the Competition Council.