Global Competition Law is primarly a practitioner's guide presenting the most salient aspects of the major competition laws country by country, giving an overview of their structure and most charasteristic elements.
Global Competition Law also provides insight into possible future developments in the field.

Global Competition Law

   The parties can offer remedies to the authority to mitigate any identified anticompetitive issues. The law empowers the SIC to supervise that conditions it has set or remedies accepted are being properly implemented. The SIC may also order to put an end to the transaction. …

Conditions and commitments - Divestiture

   The parties can offer remedies to the authority to mitigate any identified anticompetitive issues. The law empowers the SIC to supervise that conditions it has set or remedies accepted are being properly implemented. The SIC may also order to put an end to the transaction.

Failing to file a transaction in a timely manner can lead to the issuance of an order to cancel the transaction and to the imposition of fines on the parties and individuals responsible for the transaction. Under Colombian law, the SIC can impose fines on the entities of up to 100,000 times the minimum monthly wage in Colombia (US$ 27.1 million) or 150% of the profits made through the violation of the duty to report. For individuals, the SIC is authorized to impose fines of up to 2,000 times the minimum monthly wage (US$ 541.955) in Colombia.

Global Competition Law

958. Conditions and commitments - Divestiture

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Les notions juridiques connexes

958. Conditions and commitments - Divestiture

Demandez un accès gratuit au contenu exclusif Livv – juristes d’entreprise

Les notions juridiques connexes

Demandez un accès gratuit
au contenu exclusif Livv – juristes d’entreprise