How Antitrust Law in Costa Rica WorksFour months ago mergers and acquisitions in Costa Rica were conducted without any governmental control.Tuesday, July 16, 2013
Now, operations of this type over $15 million must be authorized by the Commission to Promote Competition (COPROCOM) in the first four months of rule of law, four mergers or acquisitions of companies have been authorized Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Conditions for Merging of OpticsApril 2015 In Costa Rica the regulatory body has agreed to the commitment made by Essilor Internacional not to distort the market by blocking raw materials or price discrimination, as a condition for the purchase of Grupo Vision. Mergers and Acquisitions in Costa RicaApril 2013 As of April 5 mergers and acquisitions will have to be approved at the Antitrust Commission, part of the Ministry of Economy, Industry and Trade, before they can take place. Controlling Mergers in Costa RicaOctober 2012 Analysis of the amendment to the Law for Promotion of Competition and Effective Defence of the Consumer which now establishes prior control of economic concentrations. Mergers and Monopolies in Costa RicaSeptember 2011 In order to avoid paying penalties after a merger it is possible to obtain endorsement of the operation from the Commission to Promote Competition (COPROCOM).
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