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Garrigues and CeCo released a new comparative analysis of the most representative competition regimes in Latin America

Latin America - 

This second edition presents, in an organized and didactic manner, the main characteristics of the antitrust regimes of Brazil, Chile, Colombia, Ecuador, Mexico, and Peru.

The comparative report on competition regimes in Latin America (Brazil, Colombia, Chile, Ecuador, Mexico, and Peru) is now available. It was presented on April 3rd in Washington D.C., within the framework of the Annual Forum of Competition Law in Developing Countries – Latin America, organized by CentroCompetencia (CeCo) of the Adolfo Ibáñez University of Chile and the George Washington University.

The document, entitled Competition Regimes in Latin America: Brazil, Chile, Colombia, Ecuador, Mexico, and Peru (2025), seeks to address cross-cutting aspects of antitrust regimes in the most representative jurisdictions in Latin America, such as Brazil, Chile, Colombia, Ecuador, Mexico, and Peru. Indeed, in an organized and didactic manner, it develops institutional aspects regarding the competition authorities of each country, their regulatory framework, the types of infringements and sanctions (with emphasis on collusion and abuse of dominance), leniency and rewards programs, merger control, investigative powers, compensation for damages, and other key features.

As Felipe Irarrázabal and Juan Pablo Iglesias, Director and Research Coordinator of CeCo, respectively, explain, the report seeks to introduce “a harmonized, synthetic, and practically-oriented exposition” that can serve as a reference for practicing lawyers and companies with investment interests in the region.

It should be noted that in 2024, a first version of this study was launched (available here), which analyzed the competition regimes in Chile, Colombia, Ecuador, and Peru. This second edition expands the study to countries of great importance for antitrust in the region such as Brazil and Mexico; and it also has now been fully translated to English. The work also includes an annex containing graphs and schematic tables that facilitate the rapid comparison of the main characteristics of the analyzed regimes

The document was coordinated and prepared by CentroCompetencia (CeCo) and the teams from the Garrigues offices in Colombia, Chile, Mexico, and Peru. Likewise, the sections on Brazil and Ecuador were prepared by Eduardo Frade, Paulo Luciano, and Roney Olimpio (Mattos Filho); and Mario Navarrete (Pérez, Bustamante & Ponce), respectively.