Argentina’s Commercial Secretary has announced that the National Commission for the Defense of Competition (CNDC) will have its powers greatly expanded, a move deemed “vital… in order to adequately face the challenges presented by our current economic context.”
The CNDC will from now on be able to both receive and process files; respond to written requests and any other documentation presented by affected parties or third parties; issue citations and hold hearings and/or interviews with any purported infractors, plaintiffs, victims, witnesses and experts, as well as to hear their declarations. In this, the agency will be allowed to call on the use of public force, as well as other new abilities which are intended to bolster and expedite the agency’s actions against competition violators.
“We are looking to bring speed and better processes, contributing to our goal of maintaining a level of competition as a matter of our general economic interest” added the Secretariat’s communication.
Full Content: Cronista
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI