Work Area: Competition & Antitrust

Nicaragua enacts Central America’s first leniency programme

Nicaragua’s antitrust watchdog has established a new leniency programme for businesses that violate national competition rules, becoming the first country to do so in Central America.

24 March 2021

Mexico conducts largest-ever cartel probe

Mexico's competition enforcer has accused 56 liquefied petroleum (LP) gas suppliers and 34 individuals of sharing markets and colluding on prices, in what it says is its largest-ever investigation.

23 March 2021

Brazil imposes interim measures on food delivery app

Brazil’s antitrust watchdog has imposed interim measures on a leading domestic food delivery application to stop it including exclusivity clauses in its contracts with partner restaurants, marking the first time the agency has issued such an order against a digital platform.

15 March 2021

Colombia shuts down mining cartel

Colombia’s state-owned oil producer has escaped sanctions after the country’s competition authority found no evidence it promoted a cartel in the mining sector that resulted in fines for nine companies, eight of their executives and a trade association.

11 March 2021

Mexican enforcer opposes “unjustified” energy reform bill

Mexico’s antitrust watchdog is calling on the country’s lawmakers to shoot down a bill aimed at strengthening the state-owned electricity utility, claiming the proposed law would grant the company unjustified competitive advantages.

22 February 2021

Brazil conditionally clears Takeda drug portfolio purchase

Brazil’s competition authority has greenlit local drugmaker Hypera Pharma’s bid to purchase a portfolio of medications from Takeda Pharmaceutical after the company offered a “fix-it-first” structural remedy.

26 January 2021

Several LatAm firms in worldwide Fiat-Peugeot merger

Sullivan & Cromwell LLP in London and New York and three Linklaters offices have helped Fiat Chrysler Automobiles and Peugeot, respectively, in their US$38 billion global merger, which also called on several Latin American law firms.

25 January 2021

Colombia issues first Odebrecht collusion fines

Colombia’s competition authority has fined Odebrecht, two other construction companies and four individuals a combined €70.6 million (US$85.5 million) for rigging a tender to construct a highway project worth more than €1 billion (US$1.2 billion).

21 January 2021

Chile sanctions 14-year bus cartel

Chile’s specialist competition tribunal has fined 11 bus operators for colluding to restrict the number of buses in operation in two southern cities, despite the companies claiming that the country's government had endorsed their agreements, reports Latin Lawyer's sister publication Global Competition Review.

08 January 2021

Peruvian lawmakers vote through final merger control law

Peru’s legislative branch has signed off on the country’s long-awaited new merger control regime, providing the final stamp of approval needed for the law to come into force.

07 January 2021

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