On May 15, 2018, the Argentine Federal Government published in
the Official Gazette the new Competition Defense Law in Argentina,
Law Number 27,4421 (Ley de Defensa de la
Competencia or LDC by its Spanish acronym), adjourning the
local legislation and aligning it with international
standards2. The LDC has already been regulated by Decree
Number 480/2018.
The main features of the current piece of legislation are:
1. A new enforcing authority –
decentralized and self-governing - will be created: the National
Competition Authority, comprised of the Defense of Competition
Court, the Secretariat of Anticompetitive Practices and the
Secretariat of Economic Concentrations;
2. The LDC prohibits the agreements between
competitors, the economic concentrations, the acts or behaviors, in
any way manifested, related to the production and exchange of goods
or services (LDC, Article Number 1, first paragraph, first
sentence), and the achievement of competitively