CC leaves out of account LTAB voiced arguments, requiring for EC opinion.

01.03.06

Competition Council (CC), inquiring for an opinion of the European Commission (EC) about impact of MTPL information accumulation system, effective in Latvia, on competition on the MTPL market, has left out of account arguments voiced by the LTAB. Virtually, ignoring the said arguments would facilitate EC to adopt a final decision to the benefit of the CP position, in this way advising to prohibit LTAB to continue accumulation of detailed data on all motor vehicle owners’ insurance premiums and amounts of repaid premiums. PDF

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