Organisation: National Institute for the Defence of Free Competition and the Protection of Intellectual Property (Peru)

Peru’s antitrust agency has issued its first-ever no-poach infringement decision, fining six construction companies and four executives US$1.5 million for agreeing not to hire rival workers.

17 May 2023

Two partners of Peruvian firm Muñiz, Olaya, Meléndez, Castro, Ono & Herrera – including the competition co-head and former Indecopi vice president Pierino Stucchi – have left to set up a new firm, shortly after Muñiz hired an antitrust partner and a consultant.

02 May 2023

Peru’s antitrust watchdog has imposed a US$15 million abuse of dominance fine on a cement maker, its subsidiary and several executives after they threatened and punished distributors that tried to sell rival products.

01 March 2023

Peru’s competition watchdog has ordered a domestic subsidiary of Odebrecht to pay a €1 million (US$1.1 million) fine for withholding information during a major cartel investigation in the construction sector.

22 February 2023

In a bid to revive its faltering leniency regime, Peru’s antitrust watchdog is calling for new legislation to exempt abuses of dominance and softcore cartels from criminal sanctions while increasing protections for whistleblowers.

14 February 2023