Colombia’s competition authority has recently issued four guidance documents designed to prevent restrictive practices and support compliance with the country’s competition law framework.
One of the guidelines focuses on managing the risk of anticompetitive conduct in public procurement. It sets out practical criteria to identify red flags, assess potential risks, and implement preventive measures throughout the different stages of procurement processes.
Another guideline addresses the role of third parties in administrative sanctioning proceedings related to competition matters. It clarifies who may participate, under what conditions such participation is permitted, and outlines the corresponding rights and obligations within these proceedings.
The third document updates the guidelines applicable to the review of business combinations at the pre-assessment stage. It provides greater clarity on the analytical criteria used to assess the potential competitive effects of such transactions, as well as the procedural requirements and steps before the authority.
Finally, a practical guideline was issued on conduct that may constitute a breach of the general prohibition applicable to public procurement. This document describes, through illustrative examples, behaviors that could infringe competition rules and offers guidance for their identification and prevention.
Taken together, these guidelines seek to strengthen competition law compliance and contribute to the sound functioning of the Colombian market.
Source: (General) https://sedeelectronica.sic.gov.co/temas/proteccion-de-la-competencia/publicaciones
