NO to Privileges for Companies With Mixed CaptialUnder discussion in the Salvadoran Congress is the application of equal fiscal controls and management for private companies and those made up of mixed capital.Tuesday, December 17, 2013
Public-private companies should be subject to the same controls and audits as those consisting of 100% private capital, because lack of transparency in controls of some of them and excess controls in others affects competitiveness and economic development. ¿Busca soluciones de inteligencia comercial para su empresa?Guatemala: Draft Law on CompetitionMay 2016 The bill presented to Congress creates the Superintendency of Competition which will be able to investigate business practices in order to punish them if they are anti-competitive. Alba in El Salvador: For Those Who Dont Want Soup... Two bowlfulsFebruary 2014 The company owned by Venezuela and a group of municipalities from the ruling party continue to diversify; now they sell water and finance housing projects. Alba Petróleos Fined in El SalvadorNovember 2013 The company was fined $759,924 for failing to petition the Salvadorian Superintendency of Competition to approve to purchase of nine service stations. Honduran Sugar Producers Sanctioned for Anti-Competitive PracticesMarch 2011 Six of the seven sugar mills operating in Honduras were fined a total of $ 3.2 million for monopolistic practices.
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