Latvijas Gāze pays the fine applied by Competition Council | Baltic News Network - News from Latvia, Lithuania, Estonia
▻http://bnn-news.com/latvijas-gaze-pays-the-fine-applied-by-competition-council-152929
In accordance with the ruling of the Supreme Court, which approved the decision made by the Competition Council in relation to the breach of regulations and damage caused to its clients, Latvijas Gāze has transferred the payment of the fine worth EUR 2.2 million applied to the company.
In 2013, CC made the decision to fine Latvijas Gāze for its abuse of monopoly status in its refusal to sign new gas supply contracts with new clients who did not pay back debts owed to LG by previous clients. Over the course of the investigation CC received complaints about such cases from 500 clients.