16.03.2025 | Latvian competition authority
The Latvian competition authority has published a new brochure aimed at suppliers, providing crucial guidance on what practices to avoid and what is permissible in their collaborations with buyers. This initiative is part of the authority's ongoing efforts to promote fair competition and ensure that suppliers are well-informed about their rights and obligations.
The brochure highlights key areas where suppliers must exercise caution, particularly in avoiding anti-competitive agreements and practices that could lead to unfair competition. It emphasizes the importance of transparency and compliance with competition laws to foster a healthy market environment.
By educating suppliers on these matters, the Latvian competition authority aims to prevent potential violations and encourage ethical business practices. This proactive approach is expected to benefit both suppliers and buyers by creating a more equitable marketplace.
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