Region: Colombia

Top Colombian court annuls new antitrust rules

Colombia’s highest court has annulled new competition rules enacted last year, finding the provisions that increased antitrust sanctions and provided additional incentives for leniency applicants are unconstitutional.

30 March 2023

Ecuador upholds Odebrecht fine

Ecuador’s competition watchdog has confirmed antitrust fines of $58 million against Odebrecht and a state-owned electricity distributor after the former bribed government officials to ensure it won tenders for construction and repair work.

14 March 2023

Avianca/Viva gets in-depth look after deal block overturned

Colombia’s aviation regulator is considering a revised remedy package as part of a newly opened in-depth review into a merger between the country's largest airline and a low-cost rival, after the carriers successfully overturned an earlier prohibition decision.

22 February 2023

Colombia appoints new antitrust head after unprecedented interim period

Colombia’s president has provisionally named María del Socorro Pimienta Corbacho as the new head of the country's competition authority, six months after the agency’s former chief stepped down.

02 February 2023


Featured in GCR 100 2023

Colombian antitrust lawyers square up to one of Latin America’s better-respected competition authorities, which is unafraid to challenge problematic mergers – although concerns remain about its handling of leniency applications.

12 December 2022

Colombian aviation regulator grounds Avianca/Viva deal

Colombia’s national aviation authority has blocked a merger between the country’s largest airline and low-cost carrier Viva Air after the pair could not back up their failing firm defence and refused to offer remedies.

11 November 2022

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

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