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ARTICLE · 27 JUNE 2018

Competition Defense Law In Argentina

On May 15, 2018, the Argentine Federal Government published in the Official Gazette the new Competition Defense Law in Argentina, Law Number 27,442, adjourning the local legislation...

ArgentinaAntitrust/Competition Law

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

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