Region: Peru

Peru’s antitrust agency has issued its first-ever no-poach infringement decision, fining six construction companies and four executives €1.4 million for agreeing not to hire rival workers.

12 May 2023

Peruvian lawmakers have unanimously passed a bill exempting softcore cartels and abuses of dominance from criminal proceedings, while also giving leniency applicants additional protections.

09 May 2023

Peru’s government has ousted the head of the country’s antitrust watchdog for failing to meet the role's minimum qualification requirements in a move that the former chair blasted as an act of political persecution.

23 March 2023

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

Peru’s antitrust watchdog is investigating Visa over allegations that it has abused its dominance by imposing fees on rival transaction processing services that offer consumers a cheaper alternative to making international payments.

08 March 2023

Peru’s antitrust watchdog has imposed a €15 million abuse of dominance fine on a cement maker, its subsidiary and several executives after they threatened and punished distributors that tried to sell rival products.

27 February 2023

Peru’s competition watchdog has ordered a domestic subsidiary of Odebrecht to pay a €1 million fine for withholding information during a major cartel investigation in the construction sector.

21 February 2023

In a bid to revive its faltering leniency regime, Peru’s antitrust watchdog is calling for new legislation to exempt abuses of dominance and softcore cartels from criminal sanctions while increasing protections for whistleblowers.

09 February 2023

Featured in GCR 100 2023

Despite Peru’s new merger control regime coming into effect in 2021, the local antitrust bar remains chiefly focused on behavioural work, including some landmark no-poach and hub-and-spoke cases.

12 December 2022

Peru’s competition authority has imposed a set of behavioural remedies on a pair of drugmakers as part of its first in-depth review under the country’s revamped merger control framework, which came into force last year.

26 October 2022