Disney and Fox
Disney acquired 21st Century Fox for USD 1.3 billon. The merger involves the acquisition of film and television studios, contents and franchises among others.
The estimated amount to be acquired by Disney through the merger is of USD 19.8 billion
T-Mobile and Sprint
Both companies are interested in merging, a transaction that if taken place, would have a value of USD $ 26...Read More
1. Antitrust cases highlights
Chemicals market investigation
On March 18th, 2019 the SIC announced a new investigation against chemical companies Brinsa, Quimpac, Mexichem and Trichem (Tricon´s subsidiary) and their officials, for an alleged cartel in the industry of chemicals, specifically chlorine, caustic soda and derivative products.
The investigation is the result of a Leniency...Read More
We briefly outline recent competition advocacy news aiming to highlight the trends and developments that your business should be aware of.
The Superintendence of Industry and Commerce (“SIC”) CANNOT conduct dawn raids without a court order
By means of Ruling C-165 of 2019, the Constitutional Court declared Constitutional Article 59 (partial) of Law 1480, 2011 (Consumer...Read More
In the last months, some labor regulations were issued. They may be of interest to you.
Below, a summary of the recent legislative developments.
1. Who acknowledges the incapacities above 540 days?
Decree 1333 of 2018 provided that the Health Promotion Agencies (EPSs) must recognize incapacities that exceed 540 days, provided the following aspects:
– There is a favorable medical...Read More
The main objective of this law is to improve the conditions in which the operational personnel provide the surveillance and private security services. Companies and specialized cooperatives of surveillance and private security must attach to their application for operating license a copy of the work, social security and compensation scheme duly approved by the Ministry of Labor.
What new...Read More
The purpose of this law is to prevent the owners of commercial establishments from appropriating the money from the tips that the consumers recognize for the good service rendered.
To whom does this law applies?
This law applies to all commercial establishments dedicated to the provision of food service, beverages and / or public entertainment, and any other suggested tip payment or where...Read More