Panamanian Poultries in Antitrust Lawsuit

The Consumer Protection Authority sued nine of the 14 companies for monopolizing the country's poultry prices.

Wednesday, October 13, 2010

The lawsuit was filed by ACODECO, the Consumer Protection and Competition Agency, against "Arce Poultry, Chong Poultry, Greece Poultry, Franz Poultry, Melo Enterprises, the National Association of Poultry Producers Panama, the Guayacanes Processing, Products Toledano and Cooperative Juan 23," Pa-digital.com.pa informed.

Oscar Garcia, National Director of Competition, explained that if the ruling in favor of the plaintiffs, the companies will pay $ 1 million each as penalty.

More on this topic

Monopolistic Practices in the Electricity Market Denounced

October 2015

In Panama two companies who took part in the tender for 350 MW announced that they will appeal to the Supreme Court to denounce alleged monopolistic practices by AES, the entity which won the tender.

The companies Panamá Power Corp (IPPCO) and Pentacles Energy S.A. have turned to the Supreme Court after not receiving answers from the Electricity Transmission Company (ETESA) and the National Authority of Public Services (ASEP) after having submitted an application for consideration.

Costa Rica: Appeal Against State Telecom Company Rejected

February 2014

Movistar's appeal accusing the ICE of concentration of 2.6 Ghz spectrum and impeding it from using the 4G network until the law suit was resolved, has been rejected.

The Instituto Costarricense de Electricidad may continue marketing cellular services for its 4G network after the Administrative Court rejected an appeal by its competitor Movistar.

Fined for monopolistic practices in Panama

January 2009

16 advertising companies were fined 1,021,000 dollars for using monopolistic practices.

According to prensa.com "the agencies were sued for affecting the Panama Publicity Investment Control company and for giving services to Ibope Time of Brazil that were provided to them.

Costarican antitrust law make progress

October 2008

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

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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