Antitrust law in Latin America is evolving. Stronger cooperation among regulators and the growing influence of the OECD — to which Brazil, Chile, Colombia and Mexico are already parties — are giving rise to more stringent and sophisticated enforcement.
In the last few years, we have seen authorities in the region take a tougher stance — from imposing steep fines on companies engaging in cartel activity in Brazil, Colombia, Chile, Mexico and Peru, to pursuing criminal action to penalize bid rigging. Furthermore, in recent months, the Colombian authority imposed fines to a company for paying the fines of individuals in a cartel investigation.
TMT companies, in particular, are under intense scrutiny. For example, companies such as mobile service providers have been fined heavily in various countries. Infringements have included many abuse of dominance conducts, such as, margin squeeze, exclusive dealing, tied selling and refusal to deal practices.
To help our clients adapt to a fast-changing regulatory landscape and develop sound antitrust strategies, we are delighted to announce the launch of the second edition of the Latin America Antitrust & Competition Handbook.
This handbook provides an overview of the antitrust and competition regulations in seven Latin American countries. It offers clarity on the merger control laws, cartel enforcement practices, rules on abuse of dominance, and investigation standards and methods applied by authorities in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela.
Baker McKenzie's experienced antitrust and competition professionals in Latin America prepared this handbook, drawing upon extensive knowledge of antitrust policy in their respective jurisdictions as well as experience in working with counterparts in Europe, the US and Asia
You may request a copy of the complimentary handbook by clicking on the button on the right-hand column and filling out the form.
For more information, please contact:
Jesús A. Dávila
Rodrigo Diaz de Valdes
Raymundo E. Enríquez
Partner, Mexico City
María Carolina Pardo Cuéllar
Esteban Pablo Rópolo
Partner, Buenos Aires