International Internet Magazine. Baltic States news & analytics
Tuesday, 29.07.2014, 17:47
Liviko under investigation, suspected of having concluded a cartel agreement
According to the information available to the daily newspaper, the Central Criminal Police searched the offices of Liviko in June. It has been rumoured that initiative for launching an investigation came from the Competition Board, reported LETA.
Liviko’s CEO Janek Kalvi noted in the company’s press release issued on Wednesday that Liviko is not suspected of having concluded a preferential pricing agreement with two retail chains. “Liviko has been declared a suspect of having provided moral aid to a competition infringement and will take time to study the relevant materials. We will help the investigation in every way and will stand for our good name,” said Kalvi.