Region: Latin America & Caribbean

Uruguay conditionally clears airline deal in first Phase II review

Uruguay’s antitrust authority has imposed remedies on a merger for the first time as it conditionally approved Iberia’s proposed purchase of Air Europa.

08 April 2021

Nicaragua enacts Central America’s first leniency programme

Nicaragua’s antitrust watchdog has established a new leniency programme for businesses that violate national competition rules, becoming the first country to do so in Central America.

22 March 2021

Mexico issues chargesheet in “widest” ever cartel probe

Mexico's competition enforcer has accused 56 liquefied petroleum gas suppliers and 34 individuals of sharing markets and colluding on prices, in what it says is its largest-ever investigation.

18 March 2021

Brazil imposes interim measures on food delivery app

Brazil’s antitrust watchdog has imposed interim measures on a leading domestic food delivery application to stop it including exclusivity clauses in its contracts with partner restaurants, marking the first time the agency has issued such an order against a digital platform.

12 March 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

Mexican enforcer opposes “unjustified” energy reform bill

Mexico’s antitrust watchdog is calling on the country’s lawmakers to shoot down a bill aimed at strengthening the state-owned electricity utility, claiming the proposed law would grant the company unjustified competitive advantages.

17 February 2021

Mexican commissioner dies from covid-19

Local lawyers are mourning the loss of Gustavo Rodrigo Pérez Valdespín, a commissioner at Mexico’s antitrust watchdog, who passed away on 4 February after contracting coronavirus.

10 February 2021

Brazil clamps down on port handling fees

Brazil’s antitrust watchdog has imposed interim measures on a pair of port operators to stop them charging freight companies additional fees to use rivals’ warehouses, on the same day it fined a third port operator €1.3 million for charging the same fee.

09 February 2021

Agency heads to speak at GCR Interactive: Cartels

Tickets are still available for GCR Interactive: Cartels later this month, where top officials from competition authorities in the US, Brazil, Canada, Mexico and Colombia will discuss the hottest trends in cartel enforcement.

09 February 2021

Mexico issues reduced fines to bonds cartel

Mexico’s antitrust watchdog has reverted to the country’s previous maximum cartel fine cap in sanctioning seven global banks and 11 traders for conspiring to fix bond prices.

26 January 2021

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