Companies Investigated for Unfair Competition

In Costa Rica five companies may have coordinated their bids in a contest to award the local municipal administration of a sporting event.

Wednesday, December 5, 2012

Elfinancierocr.com reports that "The companies BGL Consultores Internacionales INC S. A., MPCM Desarrollos S.A., Cooperativa de Vivienda R.L. (Coopecasa), Ganadería Chinchilla S.A. and Ganadería Tres Equis S.A. could be sanctioned for an alleged breach in the contest for the management of the Zapote bullring. "

According to the Commission to Promote Competition (COPROCOM), the entity initiating administrative disciplinary proceedings, there was a prior agreement between the firms that culminated with a single bid at the public auction for the ring even though there were several interested participants.



More on this topic

Costa Rica: Competition Commission Penalizes Companies

August 2014

The Commission to Promote Competition has sanctioned with a vertical boycott 22 car distributors and 5 other state suppliers for tender rigging.

From a statement issued by the Commission to Promote Competition (COPROCOM):

COPROCOM SANCTIONS BUSINESSES WITH VERTICAL BOYCOTT AGAINST INS - FILE No. 07-2009

Franchises and Anti-Competitive Practices

July 2012

Competition authorities tend to allow franchises to engage in certain behaviors that would usually be prohibited.

From Issue No. 151 of the Bulletin of Competition from the Commission to Promote Competition (COPROCOM) in Costa Rica:

FRANCHISE AGREEMENTS AND THEIR ASSESSMENT BY LAW No. 7472. RECORD OP-06-12.

Honduran Sugar Producers Sanctioned for Anti-Competitive Practices

March 2011

Six of the seven sugar mills operating in Honduras were fined a total of $ 3.2 million for monopolistic practices.

These are Chumbagua mills, CAHS, Yojoa, Choluteca, La Grecia and Tres Valles.

Elheraldo.hn published, "The penalty responds to violations of the Competition Law, specifically regarding Article 5, paragraph 1, which prohibits contracts, agreements, concerted practices, combinations or arrangements between competitors or competing operators with the purpose of establishing prices, fees or discounts."

Nicaragua: Movistar Files Complaint

October 2010

Telefonica Movistar filed a complaint to competent authorities for acts of unfair competition against competitor Claro.

The lawsuit was filed before the National Institute for Competition Promotion (Procompetencia).

Oliver Gomez, in his article in El Nuevo Diario, wrote about the complaint filed with Procompetencia, "Movistar has been subject to systematic attacks of deceptive nature by Claro, some attacks are derogatory and imitating some of their products, abusing its dominant market position.”