Colombia: President Duque urges SIC to act decisevly against corrupt companies
The president of Colombia, Iván Duque, called on the Superintendence of Industry and Commerce to continue with its commitment to ensure the rights of consumers, promote legality as a basis for the growth of the economy and, in particular, strengthen its actions against corruption.
“The invitation that I make to the SIC, is not only to accompany the criminal authorities in the sanctions that correspond to these criminal practices (referring to corruption), but also to apply the highest possible financial sanction to those companies” said the President during an event celebrating 50 years of the Superintendency’s existence.
The commitment was reiterated by the superintendent of Industry and Commerce, Andrés Barreto, who assured that his office will be unforgiving with corruption or any other behavior that deserves a sanction.
Featured News
CMA Fines Tereos £25,000 for Failing to Provide Key Information in Merger Probe
Sep 27, 2024 by
CPI
Google Defends Its Role in Online Advertising Market in Antitrust Trial
Sep 27, 2024 by
CPI
Musk’s X Requests Brazil Supreme Court to Resume Service After Shutdown
Sep 26, 2024 by
CPI
Visa Acquires AI Firm Featurespace to Enhance Fraud Prevention
Sep 26, 2024 by
CPI
Visa Gears Up for Legal Fight with DOJ Over Debit Card Monopoly Allegations
Sep 26, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Refusal to Deal
Sep 27, 2024 by
CPI
Antitrust’s Refusal-to-Deal Doctrine: The Emperor Has No Clothes
Sep 27, 2024 by
Erik Hovenkamp
Why All Antitrust Claims are Refusal to Deal Claims and What that Means for Policy
Sep 27, 2024 by
Ramsi Woodcock
The Aspen Misadventure
Sep 27, 2024 by
Roger Blair & Holly P. Stidham
Refusal to Deal in Antitrust Law: Evolving Jurisprudence and Business Justifications in the Align Technology Case
Sep 27, 2024 by
Timothy Hsieh