Independent transportation companies from throughout the country have congregated at Rio Grande de Penonomé, in Coclé province, demanding the investigation by competition authorities of a number of multinational transport companies. The protestors have argued that these foreign competitors have somehow managed to offer extremely low prices, harming independent transporters.
The transport companies believe these companies have engaged in unfair competition, which has wiped out many of their peers. In response, the group has said it plans to form a Collective to demand their economic rights.
Among their main demands, the transport companies have demanded for authorities to unify prices, regulating the access of transport and moving trucks over Panama’s vital Vía Centenario, limiting it to between 6 and 8 pm.
Full Content: TVN 2
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