Colombia: President Duque urges SIC to act decisevly against corrupt companies
The president of Colombia, Iván Duque, called on the Superintendence of Industry and Commerce to continue with its commitment to ensure the rights of consumers, promote legality as a basis for the growth of the economy and, in particular, strengthen its actions against corruption.
“The invitation that I make to the SIC, is not only to accompany the criminal authorities in the sanctions that correspond to these criminal practices (referring to corruption), but also to apply the highest possible financial sanction to those companies” said the President during an event celebrating 50 years of the Superintendency’s existence.
The commitment was reiterated by the superintendent of Industry and Commerce, Andrés Barreto, who assured that his office will be unforgiving with corruption or any other behavior that deserves a sanction.
Featured News
FTC Pushes Review of CoStar’s Commercial Real Estate Antitrust Case
Jan 31, 2024 by
CPI
UK’s CMA Investigates Ardonagh’s Atlanta Group and Markerstudy Merger
Jan 31, 2024 by
CPI
Greenberg Traurig Grow Financial Regulatory and Compliance Practice
Jan 31, 2024 by
CPI
Dutch Regulator Fines Uber €10 Million for Privacy Violations
Jan 31, 2024 by
CPI
DOJ Investigates AI Competition, Eyes Microsoft’s OpenAI Deal: Bloomberg
Jan 31, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Rule(s) of Reason
Jan 29, 2024 by
CPI
Evolving the Rule of Reason for Legacy Business Conduct
Jan 29, 2024 by
CPI
The Object Identity
Jan 29, 2024 by
CPI
In Praise of Rules-Based Antitrust
Jan 29, 2024 by
CPI
The Future of State AG Antitrust Enforcement and Federal-State Cooperation
Jan 29, 2024 by
CPI