Work Area: Competition & Antitrust

Mexico fines Praxair for breaching competition commitments

Mexico’s antitrust authority has fined a subsidiary of local industrial gas provider Praxair US$12 million for repeatedly failing to comply with commitments to restore competition in the markets for the bulk distribution of oxygen, nitrogen and liquid argon.

15 June 2021

Lobo de Rizzo promotes three to partner in Brazil

Brazilian law firm Lobo de Rizzo Advogados has added firepower to its tax, M&A, compliance and antitrust groups by promoting three lawyers to its senior rank.

14 June 2021

Peru clarifies approach to collective damages claims

Peru’s competition authority has published new guidance clarifying when it will pursue damages claims for classes of consumers who have been harmed by anticompetitive conduct.

14 June 2021

Peru sanctions textbook cartel

Peru’s competition enforcer has hit several printing companies and their former employees with nearly US$7 million in fines after finding they allocated the market for textbook printing services and rigged bids for supply contracts tendered by the Ministry of Education.

07 June 2021

Deal of the Year Winner: Regulatory

Featured in 15th Annual Awards

A decision by Peru’s competition authority dismissed an unfair competition claim that had dogged Uber’s local entity for two years. In doing so, it established important criteria on the nature of transport intermediation applications under a sharing economy model. It wins the regulatory category of our Deal of the Year Awards.

25 May 2021

Argentina blocks Facebook-WhatsApp privacy policy update

Argentina's government has prevented Facebook from rolling out its updated WhatsApp privacy policy until the country’s competition authority has completed an investigation assessing whether the terms of service are anticompetitive.

21 May 2021

Deal of the Year Winner: Private M&A

Featured in 15th Annual Awards

Uber completed its US$459 million acquisition of Chilean grocery delivery start-up Cornershop after more than a year of back and forth with local regulators amid the covid-19 pandemic. The acquisition faced regulatory challenges in Chile and Mexico, while the substantial price tag for a controlling stake in a Latin American start-up also stands out. The deal is our private M&A Deal of the Year.

21 May 2021

FerradaNehme increases partnership by a third

Chile’s FerradaNehme has made its second significant partner promotion round in three years by elevating four associates – two of them women – to the partnership, strengthening its competition, litigation and public law practices.

14 May 2021

Barros & Errázuriz makes two new partners

Chilean law firm Barros & Errázuriz Abogados has added firepower to its competition and dispute resolution departments by promoting two senior associates to partner.

05 May 2021

Mexican enforcer asks Supreme Court to thwart energy bill

Mexico’s antitrust watchdog has filed a complaint to the Supreme Court opposing a government reform bill that aims to strengthen the state-owned electricity utility, claiming the proposed law would be bad for competition.

29 April 2021

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