“Since 2009, the Superintendence of Industry and Commerce is the “National Competition Authority” in Colombia. It is a powerful entity and this was the result of years of discussions inside the Congress, as well as in judicial courts, to consolidate this Superintendence as the Single Competition Authority of our country[1].
This entity has been strengthened with an important team of economists and lawyers, and is designed to protect free competition as an administrative agency. However, this institutional design to protect free competition has been subject to variations, as a reaction to bid rigging in public tenders.”
