The Antitrust Review of the Americas 2016

Colombia: Superintendence of Industry and Commerce

27 August 2015

Colombia’s new leniency regime On 16 July 2015, the Colombian government issued Decree 1523, amending the country’s leniency regime. The need for reform arose out of the Superintendency of Industry and Commerce (SIC) experience with recent leniency applications for alleged anti-competitive agreements in sensitive sectors such as nappies, toilet paper, notebooks and private security services, among others, all of which revealed the need for clearer rules in leniency proceedings. These legal amendments were also part of a broader legal reform initiative undertaken by the SIC as part of Colombia’s accession process to the Organisation of Economic Co-operation and Development.

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