Regional Standards for Competition

The countries in the region are working on the development of a standard to regulate anti-competitive practices by regional companies.

Friday, August 30, 2013

The first draft of the new regulations was presented at the VII Central American Competition Forum.

"There are markets where competition problems cross borders and affect more than one country, we are working on a competition law and on the creation of an authority which has the power to implement it in Central America," said Francisco Diaz Rodriguez, Superintendent of Competition in El Salvador.

"At the Central American level, creating a standard for competition and regional institutions are important pieces in the consolidation of Central American integration, particularly the economic integration process, and it one of the region's commitments within the framework of the Association Agreement between Central America and European Union ", reported Elsalvador.com.

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