The Antitrust Review of the Americas 2014

Panama: ACODECO

27 August 2013

The agency in charge of protecting and ensuring consumer rights and free competition process in Panama is the Panamanian Consumer Protection and Free Competition Authority (ACODECO). It has developed a work plan focused on educating consumers in how to make informed choices when purchasing goods, without being unduly influenced by advertising, family habits, cultural customs and international trends (in short, everything that diverts the initial intention when purchasing his goods). The plan should prevent consumers from making unnecessary purchases and getting into debt.

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