Region: Peru

Peru gears up for new merger control regime

Peru’s government has begun a public consultation on a draft regulation clarifying how the competition watchdog will review deals under the country’s long-awaited new merger control regime.

13 August 2020

Peru appoints new competition head

Hania Pérez de Cuéllar has been appointed as head of Peru’s competition authority, after the previous president resigned in June due to personal reasons.

10 August 2020

Peru’s competition bar

Peru’s competition bar will make its GCR 100 debut in 2020 – an addition to the publication that at least one Peruvian lawyer says was overdue. While GCR has surveyed the bar occasionally in the past, a significant uptick in enforcement and the pending implementation of a full-fledged merger control regime have added Peru to the ranks of jurisdictions that should be on international companies’ and lawyers’ radar.

06 November 2019

Peru

Featured in Competition Economics Handbook 2020

06 November 2019

Peru publishes first dawn raid guidelines

Peru’s competition authority has published a draft of its first guidelines on dawn raids, following the release of draft guidelines for procedures on compliance and rewards for whistleblowers.

05 November 2019

Peru publishes draft compliance and whistleblower guidelines

Peru’s competition authority has released new compliance and rewards draft guidelines, marking the first time a Latin American enforcer has adopted whistleblower guidelines.

25 September 2019

Peruvian authority faces structural overhaul

Peru’s parliament has suggested combining the independent investigative and sanctioning branches of its national competition authority, in response to allegations that cases take too long to resolve.

24 June 2019

Merger control bill nears finish line in Peru

Peru’s congress has passed legislation that would expand merger review to most industries – but plans to revisit the bill later this month after a last-minute amendment created some confusion.

07 May 2019

Peru considers first merger control bill

Peru’s congress is set to debate a proposed merger control law, which would introduce mandatory notification for the first time and allow the competition enforcer to impose fines for gun-jumping.

05 April 2019

Latin American enforcers commit to leniency principles

The competition authorities of Brazil, Mexico, Peru, Argentina and Chile have signed a joint statement on shared principles that will guide the implementation of their leniency regimes – following recent controversy in the region about the confidentiality of submitted applications.

03 December 2018

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