Costarican antitrust law make progress

A law regulating monopolistic behavior received yesterday the initial approval in Congress, despite the dissatisfaction of business groups.

Thursday, October 23, 2008

Members of the Committee on Economic Affairs ruled the project called 'Competition Promoting Act', which create the Commission for the Promotion of Competition (COPROCOM) and powers it to confiscate business documents, if authorized by a judge.

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Controlling Mergers in Costa Rica

October 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.

Competition Bulletin, the Antitrust Commission (COPROCOM):

"... a partial amendment has recently been approved to Law No. 7472, which introduces important changes in antitrust

Pharmacy War Goes to Competition Tribunal

June 2012

In Costa Rica, Compañía Farmacéutica S. A. (Cofasa) has filed a suit over monopolistic acts by the Corporation which owns the Fischel pharmacies .

Cofasa's lawyer, in a complaint before the National Competition Commission at the Ministry of Economy, said that the CEFA Corporation, which owns the pharmacy chain Fischel, "...

Costa Rica: Law regulating competition opposed

October 2008

The Chambers of Industry and Trade are opposed to the law that would modify the regulations for competition as they consider it to be an attack on the freedom of companies.

The law which is being reviewed by the Commission on Economic Matters authorizes the Commission for the promotion of competition (Coprocom) to request information from companies, prior authorization from a judge, whenever they believe that a company has broken monopoly rules.

Grupo Buena dominates duty-free import of food in Guatemala

August 2008

Despite the announcement from the Government that they would open the quotas to the cooperatives, one of them got only 1.98% of the 120,500 metric tons of food.

Last May, the Government of Alvaro Colom announced with great fanfare that it would free up the food import quotas, and that these would be administered by the cooperatives in order to promote competition and to provide consumers with the benefits of duty-exempted products.

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