The countries in the region are working on the development of a standard to regulate anti-competitive practices by regional companies.
The first draft of the new regulations was presented at the VII Central American Competition Forum.
"There are markets where competition problems cross borders and affect more than one country, we are working on a competition law and on the creation of an authority which has the power to implement it in Central America," said Francisco Diaz Rodriguez, Superintendent of Competition in El Salvador.
Monitoring news media is a key tool for detecting and researching practices that limit free competition.
In an article in Laprensagrafica.com, Ricardo Pineda details how the Competition Superintendence of El Salvador (SC) utilizes media monitoring to tackle anti competitive practices.
The SC monitors news media on a daily basis, gathering valuable information to conduct “investigations, sector studies and other activities”.