In Costa Rica, the Legislative Assembly approved in first debate a bill to avoid fines for errors in the declaration of the shareholders' registry for two months.
In its first debate, the file 21,758 Law of Moratorium for the Application of Sanctions corresponding to the ordinary declaration of the 2019 period, related to the transparency and final beneficiaries’ registry, provided for in the Law to Improve the Fight against Tax Fraud, was approved. The initiative gives an extension for shareholders of corporations to submit their lists, before applying sanctions, reported the Legislative Assembly.
On November 20, the moving weighing system began operating in Guatemala, which will verify that the weight and dimensions of the cargo vehicles are within the permitted range, otherwise the respective sanctions will be applied.
Ministry of Communications staff reported that the system is equipped with cameras and sensors embedded in the asphalt, which captures and sends the information immediately to a computer. For now, the system is already installed in the first instance in the Belize Bridge.
The Constitutional Court revoked the $260 fine that the municipality of Guatemala would charge to heavy vehicles and double trailers that travel through the city in unauthorized hours, so now the penalty will be $65.
The action of unconstitutionality was brought to the Constitutional Court by the Central American Federation of Transportation (FECATRANS) and the National Coordinating Association of Transport, against Article 4 of Agreement COM-13-2016 of the Municipal Council of Guatemala.
The sanction was imposed following a complaint made "by TVC Network, S.A. de C.V., against Digicel, S.A. de C.V., for a possible abusive dominant position."
The complainant stated that this economic agent was creating barriers to the entry of competitors or the expansion of existing ones in the market for the termination of national and international calls, informed the authorities of the country.
In Costa Rica, a bill is in progress that contemplates eliminating fines for the first member of a cartel that recognizes and denounces to the authorities that has engaged in monopolistic practices.
As part of the bills for Costa Rica's entry into the OECD, deputies voted in second debate file No.
The Legislative Assembly approved a moratorium of three non-extendable months, in sanctions, arrears, interests, fines or any other sanctioning disposition, related to the collection of the value added tax, which became effective last July 1.
Taxpayers qualified by the Tax Administration as large national taxpayers and large territorial companies are excluded from this moratorium, explains a statement from the Legislative Assembly.
American Drugstore and C. Imberton were sanctioned for proving "that they engaged in the anti-competitive practice of agreeing to fix the prices of Cataflam, Diovan and Lamisil products."
The Superintendence of Competition of El Salvador (SC) sanctioned American Drugstore, for $171,000, and C.
January 3, 2020 is the deadline for companies and businesses that already operate in Guatemala and do not have the study, submit their Environmental Diagnosis to receive a reduction in the fine.
Fines for companies that do not yet have an Environmental Diagnosis could be as high as $13,000; however, if they present their documentation before the deadline, the penalty could be set at $650.
Holcim S.A. in El Salvador was sanctioned for "having failed in its duty of collaboration to provide the information and documentation required to the Superintendence of Competition."
From the Superintendence of Competition statement:
Seven years after Cofasa filed a monopoly complaint against Fischel, in Costa Rica the Commission for the Promotion of Competition decided to impose a fine of almost $19 million on the pharmacy chain.
Representatives of the Commission for the Promotion of Competition (Coprocom), informed that the fine imposed on Fischel is provisional, since the resolution is in the appeals phase, so it is not final and cannot be released figures or other aspects of the ruling.
Due to failing to provide on time the information and documentation required to carry out a study on the beef market in the country, in El Salvador the Superintendence of Competition sanctioned Sukarne.
From the statement of the Superintendence of Competition:
The Superintendence of Competition reported that it has closed the case on flours, after verifying the payment of a fine of more than $1.97 million, a result of the embargo on the bank accounts of Molinos de El Salvador.
The sanction was imposed by the SC, in September 2008, due to the anticompetitive practice of agreeing to divide up the flour market.
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.
In Costa Rica, the state power company will have to pay $112 million to the contractor of the Chucás hydroelectric project, for "additional expenses that it authorized and then refused to recognize."
In the ruling issued by the International Center for Conciliation and Arbitration (CICA), to which the company Enel Green Power Costa Rica appealed to resolve a conflict that originated in 2015 due to an almost $148 millionincrease in the Chucás hydroelectric project, which has not yet been completed, it was established that Instituto Costarricense de Electricidad (ICE) acted with "bad contractual faith".
The Superintendency of Competition has sanctioned Unigas de El Salvador, for not having attended to information requirements from the authority in time.
From a statement issued by the Superintendency of Competition:
The Board of Directors of the Superintendency of Competition resolved to sanction Unigas de El Salvador, S.A. de C.V. with a fine of $31,200 for failing to cooperate by providing timely information and documentation required by this authority.
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