Nicaragua 2006
Score = 23
Governed by: Law of Promotion of Competition (Law No.601, approved on September 28, 2006)[1][2]
| Category | Subcategory | Score | Comment |
|---|---|---|---|
| Scope | Extraterritoriality | 1 | Article 2 of the Competition Law extends to firms located outside Nicaragua. |
| Remedies | Fines | 1 | Article 45. |
| Prison Sentences | 0 | ||
| Divestitures | 1 | Article 28(c). | |
| Private Enforcement | 3rd Party Initiation | 0 | |
| Remedies Available to 3rd Parties | 1 | Article 41 (?) | |
| 3rd Party Rights in Proceedings | 0 | ||
| Merger Notification | Voluntary | 0 | |
| Mandatory | 3 | Article 25. | |
| Pre-merger | 2 | Article 25. | |
| Post-merger | 0 | ||
| Merger Assessment | Dominance | 1 | Article 26. |
| Restriction of Competition | 1 | Article 26. | |
| Public Interest (Pro D) | 1 | Article 4(d). | |
| Public Interest (Pro Authority) | 0 | ||
| Other | 1 | Article 26 has an exception for business failure. | |
| Efficiency | 1 | Article 4(b). | |
| Dominance | Limits Access | 0 | |
| Abusive Acts | 1 | Article 19. | |
| Price Setting | 0 | ||
| Discriminatory Pricing | 1 | Article 19(f). | |
| Resale Price Maintenance | 1 | Article 19(b). | |
| Obstacles to Entry | 0 | ||
| Efficiency Defense | 1 | Article 4(b). | |
| Restrictive Trade Practices | Price Fixing | 1 | Article 18(a). |
| Tying | 1 | Article 19(c), 19(d). | |
| Market Division | 1 | Article 18(b). | |
| Output Restraint | 1 | Article 18(d). | |
| Market Sharing | 0 | ||
| Eliminating Competitors | 1 | Article 18(c) | |
| Collusive Tendering/Bid-Rigging | 1 | Article 18(e). | |
| Supply Refusal | 1 | Article 19(e). | |
| Efficiency Defense | 1 | Article 4(b). |
References
- ↑ http://www.dgpsa.gob.ni/biblioteca/biblioteca_archivos/449/Ley%20601.%20Ley%20%20de%20promocion%20de%20la%20competencia..pdf
- ↑ NOTE: The analysis of this statute is based upon our own translation.