Battling Anti Competitive PracticesMonday, March 29, 2010 Monitoring news media is a key tool for detecting and researching practices that limit free competition. In an article in Laprensagrafica.com, Ricardo Pineda details how the Competition Superintendence of El Salvador (SC) utilizes media monitoring to tackle anti competitive practices. 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." Honduran Sugar Producers Sanctioned for Anti-Competitive PracticesTuesday, March 15, 2011 Six of the seven sugar mills operating in Honduras were fined a total of $ 3.2 million for monopolistic practices. These are Chumbagua mills, CAHS, Yojoa, Choluteca, La Grecia and Tres Valles. Telecoms Fined for Anti-Competitive PracticesTuesday, July 10, 2012 In Costa Rica the Commission to Promote Competition has fined Ericsson, Huawei, Nokia and Continental Continex for "obviously anticompetitive conduct." Faced with a complaint lodged by the Instituto Costarricense de Electricidad (ICE), the Commission to Promote Competition (COPROCOM) at the Ministry of Economy and Commerce, fined each company $236 thousand, for "obviously anticompetitive conduct." Controlling Mergers in Costa RicaWednesday, October 24, 2012 Analysis of the amendment to the Law for Promotion of Competition and Effective Defence of the Consumer which now establishes prior control of economic concentrations. Competition Bulletin, the Antitrust Commission (COPROCOM): 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'. Anticompetitive Flour Practices DenouncedThursday, June 30, 2016 Agroindustrias Gumarsal has denounced to the Superintendency of Competition in El Salvador alleged anticompetitive practices in the flour sector. From a statement issued by the Superintendency of Competition: El Salvador: Fines for Anticompetitive Practices ConfirmedWednesday, October 2, 2013 The Salvadoran Justice system has upheld the fines imposed on electricity distributors and Digicel by the competition regulator. "The Administrative Litigation Division of the Supreme Court of Justice (CSJ) ruled in favor of the Superintendency of Competition (SC) in two cases: one in which the existence of anticompetitive practices by electricity distributors CAESS and AES CLESA was determined, and the other at the opening of a sanction process against Digicel, for lack of cooperation ", reported Elmundo.com.sv. El Salvador: Alba Petróleos Investigation StartsFriday, July 19, 2013 The superintendency of competition has began the investigation into alleged anti-competitive practices by Alba Petroleos. "After analyzing the formal request by the National Association of Private Enterprise (ANEP) (February 5), the Superintendence of Competition has launched an official investigation (February 13, 2013), with the intention of determining whether Alba Petroleum had or had not violated the Competition Act through merging its businesses," noted an article in Elsalvador.com. Alba Petróleos Fined in El SalvadorTuesday, November 19, 2013 The company was fined $759,924 for failing to petition the Salvadorian Superintendency of Competition to approve to purchase of nine service stations. In addition to the financial penalty, the Superintendencia de Competencia (SC) demanded that the company submit within 30 days an application to follow the procedure which should have been done in the beginning. El Salvador Hotels: Price Fixing Allegation DismissedWednesday, October 29, 2014 The Superintendency of Competition has stated that there is insufficient evidence to determine alleged anticompetitive practices due to price agreements between four hotels in offers to the state. From a communication from the Superintendence of Competition in El Salvador: 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: 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. Appeal Against Fine for Monopolistic ConcentrationWednesday, January 18, 2012 The company Mabeca has filed an appeal citing unconstitutionality with the Sala IV (Constitutional Court) of Costa Rica, claiming disproportionality in the fine of $2.3 million that has been applied to them. In August 2011, the Commission to Promote Competition under the Costa Rican Ministry of Economy, found that after the acquisition of Atlas Eléctrica by Mexican company Mabe in 2008, there was a "prohibited concentration" according to the law for promoting competition and consumer protection, and imposed a fine of $2.3 million. 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. |
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