Region: Colombia

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

Colombia issues first Odebrecht collusion fines

Colombia’s competition authority has fined Odebrecht, two other construction companies and four individuals a combined €70.6 million for rigging a tender to construct a highway project worth more than €1 billion.

18 January 2021

Colombia

Featured in GCR 100 2021

For many lawyers in Colombia, competition work is synonymous with merger control, although the country’s antitrust enforcer continues to work on a handful of complex behavioural probes.

11 December 2020

Colombia fines military rations cartel

Colombia’s competition authority has punished four food suppliers for rigging bids to provide the country’s military with food for ration packs and, for the first time, has imposed the maximum fine on an individual for violating competition law.

04 August 2020

Colombia fines football ticket cartel

Colombia’s antitrust enforcer has fined the country’s football federation and two ticket retailers over €4 million for a conspiracy that inflated the price of tickets by up to 350% for FIFA World Cup qualifying events.

07 July 2020

Colombia

Featured in Competition Economics Handbook 2020

06 November 2019

Colombia fines chemical cartels €33.1 million

Colombia’s antitrust enforcer has fined companies and individuals a total of 125 billion Colombian pesos (€33.1 million) for participating in chlorine and caustic soda cartels.

01 November 2019

Colombia

30 October 2018

Colombia’s competition chief suggests asset-based fines

The new head of Colombia’s Superintendency of Industry and Commerce on Monday voiced support for a revamp of the country’s antitrust regime, including a new methodology for calculating fines.

19 October 2018

Colombia appoints new head of competition

Colombia’s president Iván Duque has named Andrés Barreto González as the new head of Colombia’s competition authority, the Superintendence of Industry and Trade.

18 September 2018

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