The lack of a competition law in Guatemala could expose the country to sanctions from the European authorities, since it is a requirement demanded in the regulations of the Association Agreement with the European Union.
Since the end of 2016, the Association Agreement (AdA) required Guatemala to have a law on the matter, since in 2019 a Central American competition authority would have to be created.
Business management is the resource which determines the success or failure of a business, and the quality of that management determines, unfailingly, the market.
EDITORIAL
In Costa Ricaastate run bankand anagricultural cooperativehave once again been rescued from insolvency and the mismanagement of their managers, using, as it would not have been possible any other way, money belonging to taxpayers.
Protectionist measures that favor dominant firms in domestic markets only extend the inevitable process of globalization, making it more expensive for consumers.
Whether a milk is 'good' or not is decided by consumers themselves by evaluating its quality and cost.Milk has no nationality.It's just milk.
The arrival of new competitors with frequencies between Colombia and Central America has generated a reduction in rates, favoring customers.
The opening of routes from Medellin and Bogota to Panama, by the airlines AirPanama and VivaColombia with fares "... up to 70% less than those offered by the subsidiary of Copa Holdings" is already generating benefits to travelers.
Under discussion in the Salvadoran Congress is the application of equal fiscal controls and management for private companies and those made up of mixed capital.
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.
The Tax Justice Network of Central America is proposing the elimination or reduction of these incentives, which are equivalent to 4%-6% of the region's GDP.
According to the director of the Social Forum on External Debt and Development of Honduras (Fosdeh), Maurice Bourdet, a member of the Tax Justice Network of Central America (RCJF), governments in the region "are thinking about how to carry on being tax havens, which does nothing to help reduce inequalities. "
The Association Agreement with the EU will involve the creation of a regional body for the implementation of regional competition policies.
From the newsletter of the Costa Rica’s Commission to Promote Competition (COPROCOM):
The single market is one of the greatest achievements of the European Union. They have gradually been eliminating restrictions on trade and competition between Member States, which has resulted in an increase in living standards. This same challenge now faces the Central American region, and the authorities responsible for regulation will play a crucial role in ensuring success.
Many of the typical requirements established in franchise agreements involve apparent restrictions on free market competition.
An analysis by Pablo Duncan-Linch in Elfinancierocr.com items, says that "the issue is not new", noting that one sector argues that some clauses in franchise agreements violate the rules of free competition, while the drafters of the contracts indicate that "within the framework of a franchise, special rules may be established which in another context might be construed as anti-competitive."
To those who sleep less than others. To those who take risks. To those who have new ideas. To those who create wealth. To those who try to change the world every day ...
EDITORIAL
In some countries today is the "Day of the Businessman", others call it the "Day of the Free Enterprise".
As a means of business information, at CentralAmericaData.COM we believe in free enterprise, and we try to serve that end every day in our work.