Region: Ecuador

Andean enforcer reissues cartel fines based on controversial leniency application

The Andean Community's competition enforcer has once again fined Kimberly Clark and Productos Familia for fixing tissue paper prices, disregarding concerns from local antitrust authorities that such a ruling could harm the region’s leniency programmes.

25 November 2021

Ecuador issues largest-ever gun-jumping fine

Ecuador’s competition authority has fined the conglomerate Sia Products over €2 million for failing to notify the establishment of a new trust that gave it majority control over a paper products maker, marking the largest sanction the enforcer has ever imposed for gun-jumping.

08 November 2021

Ecuador adopts two-phase merger review process

Ecuador’s antitrust watchdog has adopted a new merger control procedure that gives it 25 days to determine whether a deal qualifies for expedited approval or an in-depth review.

20 November 2020

Ecuadorian firm establishes antitrust team

HEKA Law Firm has named Juan Andrés Gortaire to head the firm’s newly created competition practice.

28 September 2020

Gibson Dunn, De Brauw and AZB promote and hire

De Brauw Blackstone Westbroek has promoted Helen Gornall and brought back Maikel van Wissen as partners, while Marc Picat, Bharat Budholi and Luis Marin Tobar have moved to competitors.

22 November 2019

Kimberly Clark suffers loss in regional leniency fight

A court in Ecuador has ruled that the national competition enforcer’s failure to respond in a timely manner to an allegation that it unlawfully revealed information obtained in a confidential leniency application cannot result in a default judgment against it.

29 April 2019

Ecuador appoints new competition head

An Ecuadorian government body responsible for regulatory appointments has named Danilo Sylva Pazmiño as the head of the country’s competition authority.

29 October 2018

Release of leniency material to regional enforcer ruled illegal by Ecuadorian court

A decision by Ecuador’s antitrust enforcer to pass on confidential leniency material to the regional Andean competition agency was unlawful, a local court has ruled.

08 August 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

AB InBev divests Ecuador business

Ecuador's competition enforcer has approved the divestment of Anheuser-Busch InBev's business in Ecuador to a consortium of investors, as part of a remedy package agreed to clear its global merger with SABMiller.

01 September 2017

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