Chile (1973): Difference between revisions

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| Abusive Acts
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| Article 3 prohibits abuse of a dominant market position
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| Efficiency Defense
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| Article 4 permits monopolies if in “national interest” or if “necessary for the  stability or development of national investments”;  Upon favorable report by Resolutory Commission (Article 5)
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| Market Division
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| Article 2 prohibits “allocating territories” or “exclusive distribution”
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| Article 2 prohibits “any other measure tending to eliminate, restrict or hindering free-competition”
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Revision as of 15:54, 7 July 2007

Score = 10

Governed by: Decree Law 211 “The Antitrust Law” of 1973.[1]

Category Subcategory Score Comment
Scope Extraterritoriality 0
Remedies Fines 1 The Act imposes severe fines for certain violations.
Prison Sentences 1 Until 2004 the Act allowed for imprisonment for certain offenses.
Divestitures 1 Article 17 permits dissolution of businesses by the Resolutory Commission
Private Enforcement 3rd Party Initiation 1 Article 29 allows private party to initiate an investigation by Prosecutor’s Office.
Remedies Available to 3rd Parties 0
3rd Party Rights in Proceedings 0
Merger Notification Voluntary 0
Mandatory 0
Pre-merger 0
Post-merger 0
Merger Assessment Dominance 0
Restriction of Competition 0
Public Interest (Pro D) 0
Public Interest (Pro Authority) 0
Other 0
Efficiency 0
Dominance Limits Access 1 Article 2 prohibits quotas.
Abusive Acts 1 Article 2 lists abuses of a dominant market position
Price Setting 1 Article 3 prohibits price setting.
Discriminatory Pricing 0
Resale Price Maintenance 1 Article 3 prohibits RPM.
Obstacles to Entry 0
Efficiency Defense 1 Article 4 permits monopolies if in “national interest” or if “necessary for the stability or development of national investments”; Upon favorable report by Resolutory Commission (Article 5)
Restrictive Trade Practices Price Fixing 1 Article 3 prohibits price fixing.
Tying 1 Article 3 prohibits tying arrangements.
Market Division 1 Article 2 prohibits “allocating territories” or “exclusive distribution”
Output Restraint 1 Article 3 prohibits output restraint.
Market Sharing 1 Article 3 prohibits market sharing.
Eliminating Competitors 1 Article 2 prohibits “any other measure tending to eliminate, restrict or hindering free-competition”
Collusive Tendering/Bid-Rigging 0
Supply Refusal 0
Efficiency Defense 0

References

  1. Full text of the Act was not available so information is taken from Organization of Economic Cooperation and Development, Competition Law and Policy in Chile, http://www.oecd.org/dataoecd/51/53/24955980.pdf and Global Competition Review website, http://globalcompetitionreview.com/ara/chile.cfm.