Fined for monopolistic practices in Panama

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

Tuesday, January 6, 2009

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.

Now, the parties involved are looking to appeal this first ruling after fully reviewing it."



More on this topic

Panama: Brewery Appeals Fine

May 2018

Stating that there are enough elements to reduce the amount, the National Brewery has appealed the fine of $50 thousand imposed by Acodeco, after it was accused of alleged monopolistic practices.

Following the Acodeco's decision, through the National Directorate of Free Competition, to impose the maximum administrative penalty for monopolistic practices of $50 thousand on Cervecería Nacional, the company has filed an appeal in which it requests that the amount of the established fine be modified.

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, "...

$2 mlllion Fine for Monopolistic Concentration

August 2011

Following the purchase of the Costa Rican company Atlas, the Mexican group Mabe has near total monopoly of the household appliances sector.

The Commission to Promote Competition in Costa Rican’s Ministry of Economy, found that after the acquisition of Atlas, there was a 'prohibited concentration", according to the law to promote competition and consumer protection.

Panamanian Poultries in Antitrust Lawsuit

October 2010

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

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.

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