Latvia ready to intervene in the fuel market – how far can price controls go?

Fuel retailers in Latvia may be subject to a solidarity levy if their actual retail prices exceed an objectively calculated benchmark price by more than 3%, according to a draft law submitted by the Ministry of Economics (EM). Under the proposed legislation, if a retailer’s fuel price exceeds the benchmark retail price by more than […] The post Latvia ready to intervene in the fuel market – how far can price controls go? appeared first on Baltic News Network.