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. However, it cannot operate, because there is no legal framework.
In El Salvador reform of legislation on passenger transport has been proposed to "incorporate business models based on new telecommunications technologies."
From a report by the Superintendency of Competition in El Salvador:
The Board of Directors of theSuperintendency of Competition(CD) issued an opinion on land transportregulations, in relation to the provision of passenger transport services required by users through the use of digital platforms.
The Supreme Court has ruled in favor of the Superintendency of Competition in the case brought against them by Telefónica, claiming the alleged illegality of a resolution which sanctioned an agreement between competitors in December 2011.
From a statement issued by the Superintendency of Competition in El Salvador:
Business management is the resource which determines the success or failure of a business, and the quality of that management determines, unfailingly, the market.
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.
A study has been carried out detailing the conditions of competition in the retail sector, specifically in the categories of basic foodstuffs, groceries, dairy products, vegetables, meat, toiletries and household cleaning and personal care and hygiene products.
From a statement issued by the Superintendency of Competition in El Salvador:
A draft Law on Trade Defence establishes mechanisms to protect and defend the industry against unfair trade practices.
The bill, prepared jointly by the private sector and the government, will be presented on Tuesday, Oct. 13 at the Legislative Assembly. The aim of the law is to regulate actions such as massive imports in some sectors that could result in unfair practices.
The Superintendency of Competition is investigating whether the mills El Angel and La Magdalena carried out operations that could be considered economic concentration.
From a statement issued by the Superintendency of Competition (SC):
SC launches an investigation against two mills
The Superintendency of Competition has initiated an investigation against the operators Ingenio El Angel SA de CV and Ingenio La Magdalena, SA de CV, to determine whether or not they infringed the Competition Act by having operations that could be considered economic concentration, without requesting approval from this Office, which they are obliged to do.
Representatives from the Competitiveness Initiative have submitted diagnoses and proposed solutions in education and business, infrastructure, procedures and access to markets and investments.
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.
They are demanding from the government more transparency in the management of fuel purchases and more information on how the market will be organized with the participation of the Venezuelan entity.
The Chamber of Commerce and Industry of El Salvador has expressed concern about the interference that Petrocaribe and the Venezuelan government could have on El Salvador and has asked the government for greater transparency about how fuelimports will be handled once the agreement enters into force.
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.
The Alba business conglomerate announced through José Luis Merino, Alba Petróleos advisor and coordinator of the ruling FMLN party, that it is to add a new business to those already it established in El Salvador since it came into the country in 2006.
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.
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