Region: Colombia

Avianca invokes failing firm defence in "urgent" purchase of rival

Colombia’s largest airline is seeking expedited approval from the national aviation authority to complete its proposed acquisition of low-cost carrier Viva Air, claiming the latter’s “delicate financial situation” requires urgent integration.

15 August 2022

Visa and Mastercard hit with interim measures in LatAm fintech probe

Colombia’s antitrust enforcer has joined a Chilean court in ordering Visa and Mastercard to stop threatening sanctions on banks that use rival transaction processing services to simplify international payments and save on hefty fees.

01 August 2022

Colombia sanctions rice mill for obstructing dawn raids

Colombia’s antitrust watchdog has fined a rice mill and three of its executives a combined €4.6 million for obstructing the authority’s dawn raid by refusing to provide access to certain emails and other documents.

28 July 2022

Colombian enforcer accuses Avianca JV of breaching merger condition

Colombia’s competition enforcer has launched an investigation into whether the country’s largest airline and a local travel agency breached a merger condition after the authority conditionally approved their joint venture in 2018.

21 July 2022

Colombia probes copyright collective over exclusivity requirements

Colombia’s antitrust watchdog has launched a formal investigation into a copyright collective for authors and composers for allegedly abusing its dominance by forcing members to fully license all of their copyrighted work and preventing them from seeking independent management.

24 January 2022

Colombia

Featured in GCR 100 2022

Merger control matters remain the key focus for competition lawyers in Colombia, although many are also instructed by companies in complex behavioural probes.

10 December 2021

Colombia probes top football clubs for no-poach agreements

Colombia’s antitrust watchdog has launched an investigation into the national men’s professional football association and its clubs for allegedly preventing at least 16 players from negotiating contracts with other teams.

01 December 2021

Colombian court finds Holcim violated predatory pricing commitments

A Colombian court has ruled that the country's antitrust authority did not violate cement manufacturer Holcim’s right to due process by monitoring its compliance with commitments that ended a predatory pricing investigation.

19 August 2021

Colombia hits oilfield company with €1.2 million abuse fine

Colombia’s antitrust watchdog has fined oilfield services company Schlumberger Surenco nearly €1.2 million for hindering its suppliers from marketing and selling invoices in the liquidity supply market.

14 June 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.

09 March 2021

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