The Latvian government is reviewing the management policies of state-owned enterprises to improve competitiveness in the Baltic region. Proposed changes aim to elevate these entities as top-performing companies in the area.

Discussions are ongoing regarding the potential restrictions imposed by current regulations on the market activities of state-owned enterprises, particularly in offering innovative and sustainable services. Advisors in competition law should closely monitor these developments as they could affect the entities' market operations and service expansions.

The regulation of commercial activities of public entities in Latvia, focusing on restrictions under the Public Persons Commercial Law (VPIL) Section 88, aims to prevent market distortion and emphasizes the importance of private sector determination of market trends.