Competition law applies to entities engaging in economic activities that impact competition, prohibiting agreements and abuse of dominant positions at both EU and national levels.

Understanding the concept of market participants is essential, as economic activities affecting competition are defined by offering goods or services in the market, excluding activities related to exercising public authority.

Competition law advisors must assess cases individually to determine if market participant associations represent public authority or fall under the prohibition on agreements.

Associations with delegated state tasks align with the concept of market participants, primarily consisting of private market players, crucial for competition law advisors.

State-delegated tasks by private entities, such as managing insurance systems or certifying professionals, are not exempt from competition law enforcement.

Recent amendments to Latvian competition law align with the 'ECN+' directive, imposing fines of up to 10% of global turnover for competition law violations.

Competition law advisors must consider various economic and legal factors when assessing the status of market participants and their associations, especially regarding state involvement.

The distinction between public and economic activities is crucial for competition law advisors when evaluating cases of abuse of dominant position.

Competition law advisors should stay informed about legal references, court cases, and recent developments to provide accurate guidance to businesses on competition law compliance.