Regulations of Competition Law

Under public consultation in Costa Rica is the draft Regulation to the partial reform of the Law on Promotion of Competition and Effective Consumer Protection.

Monday, March 25, 2013

From Competition Bulletin No. 156 by the Commission to Promote Competition (COPROCOM) in Costa Rica:

PUBLIC CONSULTATION:

REGULATION ON MANDATORY NOTIFICATION OF MERGERS AND OTHER THINGS

Law No. 9072 partially amended the competition law established by Law No. 7472.

Among other changes it established the mandatory reporting in advance of concentrations, it gave COPROCOM the authorization to perform inspections and the ability to conclude the proceedings speedily.

From Friday, March 22, and for ten working days, there will be a consultation on the draft partial amendment of the Regulation to the Law for Promotion of Competition and Effective Consumer Protection, which includes procedures for implementation of the changes introduced by the law .



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