Economic Analysis of Administrative Penalties in Competition and Consumer Law

By Camilo Ossa (Universidad Externado de Colombia)

The reader will find a review of a specific aspect related to the possibility that investigations arising from breaches of consumer can be sanctioned via competition, in order to take advantage of the higher value of the penalty, which it will review the legal aspects this, along with a proposal involves using tools of economic analysis of law, we can convert a lead to a sanction that believes “small” in efficient, being optimal for compliance with the proposed law in the same order. There are two specific aspects, first, related to the theoretical part that must be taken into account in this analysis, supported by a practical application, which is ultimately the originating reviewing this very spot where we believe there is a “problem”.

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