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Global Competition Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 2: Third States

    • Title 7: COLOMBIA

      • Chapter 2: MERGERS

        • Section 1: Substantive rules

        • Section 2: Enforcement

          • I: Enforcement authority

          • II: Enforcement proceedings

          • III: Conditions/Sanctions

          • IV: Appeals

959. Fines

1 minute de lecture

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 …

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