Competition Council to Review Merger of Waste Management Companies in Latvia
Latvian waste management company Clean R plans to acquire waste management company Lautus, prompting an investigation by the Competition Council.
26.08.2024 | Latvian competition authority
Latvian company Clean R, primarily engaged in household waste management, intends to acquire waste management company Lautus. Clean R also operates in industrial waste management, material sorting, and urban cleaning.
Lautus, another Latvian company, provides waste management services including vacuum technology, hazardous waste disposal, medical waste management, and more.
The merger of Clean R and Lautus overlaps in the market for industrial and commercial waste management services in Riga and Pieriga.
The Competition Council must make a decision on allowing, prohibiting, or allowing with conditions the merger within one month of receiving the merger notification.
Interested parties can submit their opinions on the impact of the planned merger on competition to the Competition Council by September 13, 2024.