Colombia

• Pages: 1-54

CHAPTER 6

COLOMBIA

Colombia-3

CONTENTS

A. OVERVIEW ............................................................................................................ 5

1. Background ................................................................................................. 5

2. Applicable Statutes, Objectives, and Significance ...................................... 7

3. Scope of the Law ......................................................................................... 8

a. Conduct Covered ................................................................................ 8

b. Parties and Industries .......................................................................... 9

c. Exceptions........................................................................................... 9

4. Sanctions ................................................................................................... 10

a. Administrative Fines ......................................................................... 10

b. Criminal Sanctions ............................................................................ 11

5. Leniency and Consent Decrees ................................................................. 11

a. Leniency ........................................................................................... 11

b. Consent Decrees ............................................................................... 12

6. National Competition Authority ................................................................ 12

B. SUBSTANTIVE LAW ............................................................................................ 13

1. Agreements................................................................................................ 13

a. Agreements Covered......................................................................... 13

b. Horizontal Agreements ..................................................................... 14

(1) Trade Associations ................................................................... 16

(2) Collaboration Agreements ........................................................ 16

(3) Leniency ................................................................................... 17

c. Vertical Agreements ......................................................................... 17

(1) Franchise Agreements .............................................................. 18

(2) Resale Price Maintenance ........................................................ 19

(3) Exclusivity Clauses .................................................................. 20

2. Abuse of Dominance ................................................................................. 20

a. Types of Conduct Covered ............................................................... 20

(1) Predatory Pricing ...................................................................... 21

(2) Discrimination .......................................................................... 22

(3) Tying ........................................................................................ 23

(4) Differential Treatment .............................................................. 24

(5) Geographic Price Discrimination ............................................. 24

(6) Impeding or Obstructing Access to Markets or

Marketing Channels ................................................................. 25

3. Unilateral Acts ........................................................................................... 26

4. Other Types of Anticompetitive Conduct ................................................. 27

a. Sharing of Sensitive Information ...................................................... 28

b. Factoring Case .................................................................................. 28

5. Exemptions ................................................................................................ 29

a. Block Exemption .............................................................................. 29

b. Specific Exemption – Defenses ........................................................ 30

c. Block Exemption for the Agricultural Market .................................. 31