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M&A and CorporateRegulatory & Competition
On 6 September 2013, after two years of investigation, the Latvian Competition Council (the CC) terminated the case on alleged cartel agreement within the framework of participation in a number of public procurements organized by the Rural Support Service without finding violation in actions of AS Rīgas Dzirnavnieks. Irrespective of the concerns about alleged competition law violation repeatedly raised by the CC during the course of the case investigation, as the result of the case investigation the CC concluded that there had not been direct communication between the competitors on the tender proposal, and the actions of the participants of the case, when participating in the public procurements, can be justified by objective circumstances. Since March 2013 AS Rīgas Dzirnavnieks has been represented by TGS Baltic partner Andra Rubene, associate Māra Stabulniece and associate Matīss Rostoks.
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