Opinion of the European Commission on accumulation of MTPL premiums in Latvia is required.


There took place a meeting with participation of representatives of LTAB, the Competition Council (CC), LR Ministry of Finance, LR Ministry of Economics and LR Ministry of Internal Affairs, wherein it was deiced that Latvia would require for opinion of the European Commission on impact of the MTPL information accumulation system effective in Latvia on competition on the MTPL market. The said covenant has been reached after CP at the session of the Cabinet of Ministers (31.02.2006.) publicly expressed concern that, supposedly, accumulation of MTPL premiums in the information system would hinder or otherwise deform competition. PDF

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