Judgment of the Administrative Regional Court of the Republic of Latvia regarding KIA Auto AS and TKM Grupp AS

On 5th of June 2025, the Administrative Regional Court of the Republic of Latvia delivered a judgment in a case that has been ongoing for over ten years, concerning the legality of the decision made by the Latvian Competition Council on August 7, 2014, regarding TKM Grupp AS and its subsidiary KIA Auto AS (initial company announcement dated August 21, 2014). KIA Auto AS and TKM Grupp AS express their regret that, despite the extensive explanations, statements, and additional evidence they submitted, these w ...