español$18,000 Fine for Delta AirlinesFriday, June 15, 2012 The Competition Superintendence in El Salvador has fined the airline $18,425.40 for failing file required information in a timely manner. A statement from the Superintendency of Competition (SC) reads: Sugar Company Fined $1.1 million in El SalvadorThursday, May 17, 2012 The penalty was applied to the companies for having implemented actions that caused obstacles to the entry of competitors or expansion of existing ones. The statement of the Superintendency of Competition: Regulation Causes Rise in Drug PricesFriday, November 25, 2011 The Superintendency of Competition of El Salvador (SC) has confirmed the existence of barriers of entry and regulatory issues that are raising drug prices. During Competitiveness Week 2011, the SC held a public event at which the Board's position regarding competition in the drug sector was announced. El Salvador: Competition in the Retail SectorTuesday, December 8, 2015 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: Nicaragua: Movistar Files ComplaintMonday, October 25, 2010 Telefonica Movistar filed a complaint to competent authorities for acts of unfair competition against competitor Claro. The lawsuit was filed before the National Institute for Competition Promotion (Procompetencia). New Law on Competition in Costa RicaTuesday, September 18, 2012 The Law on Promotion of Competition and Effective Consumer Protection recently approved typifies monopolistic practices and changes the rules on economic groups. Two of the most important changes are expanding the scope of the law, which now includes public service employees in cases of concessions and the introduction of a new absolute monopolistic practice: the agreement between competitors to 'refuse to buy or sell goods or services'. If You Want Earn More, Add More Value to Your ProductMonday, July 16, 2012 "For every cup of coffee sold at $3 in U.S. stores, just $0.03 goes to producers in Latin America" (Cuentos Chinos, Andres Oppenheimer). An article by Daniel Calvo in Elfinancierocr.com reports on how the opening of the first Starbucks in Costa Rica has restated an old theme: "Should we be satisfied with being only grain suppliers?" Claro Accused of Unfair CompetitionFriday, November 25, 2011 The telecommunications company Yota has made complaints to Procompetencia of Nicaragua against America Movil, citing "media obstructions." According to Informe Pastran: "Nicaragua's Procompetencia confirmed this afternoon that it has received an allegation from an operator in the telecommunications market for alleged unfair competitive behavior ... Although Procompetencia has not said so publicly, Informe Pastran is aware that the complaint comes from the transnational company YOTA who denounced Mexico's America Movil, operating here under the brand name Claro, in a new chapter in the war between foreign phone companies, now for the control of Internet customers ... According to Article 46 paragraph b) of Act 601, the accused party could be sanctioned if the indicated anticompetitive behaviour proves to be true... ” Pharmaceutical Companies Sanctioned in El SalvadorFriday, May 17, 2019 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. Suspended Mergers and AcquisitionsThursday, April 4, 2019 Because the Constitutional Chamber in Costa Rica admitted an action challenging the articles regulating mergers and acquisitions, the file approval processes have been temporarily suspended. Authorities informed that since last March 19, the Commission to Promote Competition (Coprocom) refrains from approving or failing processes of companies that seek to acquire others or merge in the country. No to Walmart Once AgainThursday, January 31, 2019 Authorities in Costa Rica confirmed their judgment against Walmart's request to buy the supermarket chain Gessa, ending the case through administrative channels. At the beginning of December 2018, the Commission for the Promotion of Competition (Coprocom) denied Walmart the request to purchase the Gessa group. Days later, the two companies involved in the transaction filed two appeals to overturn the decision. Guatemala: Criticism of Competition LawTuesday, November 15, 2016 Warnings have been given over the fact that the project does not include international best practices, and that "the chapter on concentrations needs to be revised because it contains elements that would make its prior controls inoperative." From a statement issued by Asies: Guatemala: Delayed Competition LawThursday, December 1, 2016 The standard necessary to prevent anticompetitive business practices is driven by the obligation to comply with the provisions of the Association Agreement with Europe. The lack of approval given to the draft of the Competition Act, which was read in Congress but is now pending a new discussion session, is affecting the country's image abroad in terms of meeting international commitments, according to a publication by Elperiodico.com.gt. Costa Rica to Host World Robotics OlympicsFriday, November 6, 2015 The country has been chosen to be the official venue of the 2017 robotics Olympics, in which more than 2,500 competitors from different countries will take part. From a statement issued by the Costa Rican Tourism Institute: Welcome Competition Unleashed by UberThursday, September 3, 2015 The mere announcement of the arrival in Costa Rica of the private transport network has already generated projects that result in benefits for consumers. EDITORIAL |
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Wednesday, July 6, 2022 - last update: Monday, 5:34 pm
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