HORIZONS: ARGENTINA - COMPETITION LAW RULES - ANTICOMPETITIVE PRACTICES - MERGER CONTROL - OVERVIEW

Argentina: An overview of competition law rules

This article shall provide an overview of the Argentinean competition law rules governing investigations on anticompetitive matters as well as merger control. On September 17, 2014, the Argentine Congress passed Law No 26,993, amending, among other legislation, the Antitrust Law No 25,156, which amendments were aimed at clarifying and modifying certain obscures aspects of the former law.

I. Introduction 1. Sources of national law 1. The Antitrust Law No 25,156 (the “Antitrust Law”) is the central legal act governing the Argentinean competition law which, pursuant to its Section 3, is applicable to “all persons or companies, either public or private, that carry out economic activities, either with or without the purpose of obtaining a profit, in all or part of the national territory and those that carry out economic activities outside the country, as long as their acts, activities or agreements may generate effects in the national market.” Although Argentina has had competition law in force for almost a century, the latest Antitrust Law, passed in 1999, has proved to be the most fruitful in terms of enforcement activity over the past fifteen years due to a large amount

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Miguel del Pino, Santiago del Rio, Argentina: An overview of competition law rules, January 2015, Concurrences Review N° 1-2015, Art. N° 71104, www.concurrences.com

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