Region: Colombia

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

Colombia fines construction bid-riggers

Colombia’s competition authority has fined five companies a total of €8.2 million for rigging bids during a public tender for crane services in 2007.

23 August 2018

Construction cartel challenged in Colombia

Colombia’s competition authority has sent a statement of objections to eight companies and eight individuals accused of rigging bids for a highway construction contract.

15 August 2018

Colombian high court confirms parallel pricing fine

Colombia’s Council of State last week confirmed more than 1 billion pesos (€309,500) in total fines against Cemex and its lawyer, dismissing the company’s appeal against a decision that it had colluded to maintain parallel prices with two other cement companies.

22 June 2018

Andean authority disregards national authorities in leniency fight

The Andean Community’s competition authority has fined Kimberly-Clark and Productos Familia a combined €30.2 million for price-fixing – in a controversial decision described by one former official as “illegal”.

30 May 2018

Colombia charges alleged military rations cartel

Colombia’s competition authority has charged seven companies and 11 individuals for allegedly rigging bids to supply the country’s armed forces with rations.

23 May 2018

Colombia charges concrete pipe manufacturers

Colombia’s competition authority this week accused three concrete pipe manufacturers of forming a cartel between 2004 and 2014.

19 May 2017

Lava Jato topples Colombian construction deal

Colombia’s competition watchdog has used its antitrust powers to terminate a US$1.1 billion (€1 billion) motorway construction deal over allegations of bribery committed during the contract’s bidding process by Odebrecht.

24 February 2017

Colombia

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12 December 2016

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