Progress Review of Latvia’s Public Utilities Commission
Regulators act as “market referees”, balancing often competing interests of stakeholders
in the sector, including governments, current and future actors in the markets, and
consumers. At the same time, markets are changing at an unprecedented pace due to
new technologies, the international drive toward carbon-neutral economies, shifts
in consumer needs and preferences, and, most recently, the profound changes brought
by the coronavirus pandemic. Assessing the performance of economic regulators must
therefore be a continuous process.
This progress review evaluates the changes put in place by Latvia’s Public Utilities
Commission since the previous OECD performance assessment review in 2016, in the interest
of increasing the effectiveness of its regulatory activities and improving final outcomes
for consumers and the economy.
Published on June 16, 2021
In series:The Governance of Regulatorsview more titles