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Content last updated: 01-05-2019

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  • Merger Screening

2. Establishing jurisdiction for notification of mergers

2.3 General thresholds

2.3.1 Threshold(s) for when a concentration must be notified under the general merger control regime?

Merger control filing is required when:

  • the combined aggregate turnover of the undertakings concerned is at least EUR 30,000,000 in Latvia; and
  • the turnover of each of at least two of the undertakings concerned is EUR 1,500,000 in Latvia. 

The competition authorities may review a transaction on their own initiative if:

  • at least two of the undertakings concerned are active in the same market with a combined market share of 40%; and
  • there is a “reasonable suspicion” that the concentration creates or strengthens a dominant position or significantly lessens competition in the market; and
  • the concentration has an effect on competition in Latvia. 

In order to pre-empt post-merger control, the parties may opt to voluntarily file the transaction.

2.4 Other national thresholds for ex ante merger control (e.g. sector-specific rules)

2.4.1 Relevant thresholds for sector-specific or other ex ante merger control rules?

Undertakings operation in the following sectors may be required to obtain additional clearance by the government: electronic communications, TV and radio, natural gas, electrical energy and heat energy.

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and last updated on 01-05-2019 by

Legal Cross Border has itself provided all input about merger control in Latvia. This information has been gathered and validated by our in-house lawyers to guarantee the highest quality outcome. This said, we are currently looking for a local partner to cover Merger Control Latvia - please contact us if you would like to be our new partner.

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