The Antitrust Review of the Americas 2017

Costa Rica: Overview

Three years have passed since Costa Rica introduced the legal obligation to report certain company mergers to local antitrust authorities. The obligation to report applies to mergers involving medium-sized and large companies as defined by specific criteria established in the regulations, a lack of compliance with which would result in hefty fines. Since the introduction of the merger notification system, Costa Rica’s Commission for Promoting Competition has analysed some important concepts related to the application of the notification system to operations.

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