Latvia’s Competition Council (KP) has uncovered a cartel in the funeral services industry and imposed fines totalling more than 47,000 euros on the companies involved.
The Competition Council will announce further details of its decision at a press conference on Tuesday, the 20th of October.
The authority confirmed that it had identified a violation of competition law in the funeral services sector, resulting in financial penalties exceeding 47,000 euros in total.
The press conference will take place at 10:00 a.m. on the 20th of October at the Competition Council’s offices, located at 1 Talejas Street, sixth floor, in Riga.
Competition Council Chairwoman Ieva Šmite will participate in the event.