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Competition Buzz: Competition Law in the Colombian Aeronautical Sector

By  |  July 13, 2015

By:

Dr. Alfonso Miranda Londoño 

& Dr. Juan D. Gutierrez-Rodríguez 

Historically, the airline industry has been characterized by the heavy regulation established by the State. Deregulation gave antitrust law and important role in regards to the promotion and preservation of competition in the market.

In Colombias, ince the year 1992  the intervention of the Special Administrative Unit of Civil Aeronautics (AEROCIVIL) over the aeronautic tariffs consisted on their approval for each route on a maximum-minimum price basis. The issuance of the Resolution 3299 of 2007 by the AEROCIVIL, which liberated the national and international  transport of passengers had an immediate effect of increasing the competition. In this paper, Drs Alfonso Miranda and Dr. Juan Gutierrez-Rodríguez  present in detail the special competition regime Colombia’s aeronautical sector.

 

See the  full Article

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