Guatemala: "Repentant" Parties in the Competition ActMonday, September 19, 2016 A program of "clemency" for companies that cooperate with information on anticompetitive practices in the sector is part of what is being proposed for the bill that will be analyzed in Congress. The bill presented by the Ministry of Economy in May 2015 is being discussed in Congress, where they are working on a draft with changes to the text. The proposed leniency regime "... could include economic agents that take part in or have become involved in anticompetitive practices and who intend to cooperate with the investigations." Guatemala: Competition Law Goes AheadTuesday, March 20, 2018 After making more than 40 amendments to the previous project, the legislative commission will be presenting a proposal and expects the process to move forward without further modifications. The Economy Commission of the Congress of the Republic reported that they presented a second opinion on the Competition Law initiative, and took the opportunity to explain that among the parties that participated in the work room, they agreed that the topic will be addressed in a single reading and no last minute amendments will be presented. Guatemala: Private Sector Opposes Telecommunications LawTuesday, May 6, 2014 The private sector is warning that the new law contains technical deficiencies and could harm free competition by creating different conditions for companies in the sector. The Union of Cable Television Operators is opposing the rapid adoption of the Law on Control of Mobile Telecommunications in Prison Centers, because of a lack of consensus and consultation with the sector, the fact that it contains technical and legal gaps and could harm domestic firms through the generation of privileges and monopolies under the rule . NO to Privileges for Companies With Mixed CaptialTuesday, December 17, 2013 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. Guatemala: Draft Law on CompetitionThursday, May 12, 2016 The bill presented to Congress creates the Superintendency of Competition which will be able to investigate business practices in order to punish them if they are anti-competitive. From a statement issued by the Ministry of Economy: Guatemala: Customs Union with Honduras ApprovedFriday, January 22, 2016 The decree approved by the Guatemalan Congress was the missing step needed to implement the free movement of people and goods between the two Central American countries. From a statement issued by the Ministry of Trade: Will Guatemala Have a Law on Competition Some Day?Wednesday, August 13, 2014 The only country in the region that does not have policies on competition needs to legislate before November 2016 in order to trade with the European Union using the Association Agreement. Year after year the Guatemalan private sector insists on the need for a competition law to help promote foreign investment and to establish a regulatory framework to prevent market barriers and benefit consumers. Franchises and Free CompetitionMonday, December 17, 2012 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." |
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