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Friday 23.03.2018 | Name days: Mirdza, Žanete, Žanna

LCCI: multiple companies have experienced unfair competition in recent years

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULatvian Chamber for Commerce and Industry has released a call, urging state institutions, the media and society to be more critical towards the campaign launched by Animal Freedom organization against Balticovo. This campaign creates the impression that the egg producer keeps hens in horrible conditions.

Multiple direct competitors of Balticovo have plans to develop their business in the region. With that, any campaign aimed at discrediting the company can directly affect its business, LCCI notes.

Lately, multiple companies working in Latvia have experienced signs of unfair competition. Because of that, they have come under fire from the media and society. On top of that, countess inspections hinder their day-to-day activities. «We have experienced massive consumption declines not just in Latvia but in all Baltic States. This is because many have left and other cannot afford to buy everything they want. This is why some companies tend to employ unfair methods when entering new markets. What I means is instead of offering better prices or whatnot, they try to discredit their competitors and force them out to take their place,» – said LCCI Chairman Janis Endzins.

He also said that often unprotected groups (like animals) are chosen as the focus for campaigns against competitors. This allows dishonest businessmen to use different organization to achieve their own means. LCCI has discussed the situation with Balticovo management. It has come to their attention that there are multiple representatives of the same industry as Balticovo that wish to develop business in the region. This is why it has been decided to contact Estonia’s Chamber for Commerce and Industry in order to establish constructive cooperation and introduction of fair competition in the region.


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