New Competition Law

Law 27,442 (the "Law"), which entered into effect on May 24, 2018 along with its Implementing Regulation -Decree 480/2018- introduces sweeping changes in the competition law regime in Argentina.

We highlight those changes below.

NEW AGENCY AND SPECIALIZED COURT

• A new independent agency, the Autoridad Nacional de Competencia (National Competition Authority, or "ANAC") will be created. Until then, the Secretariat of Trade will enforce the Law, with the aid of the Antitrust Commission (CNDC).
• The ANAC will be comprised by three agencies: the Tribunal de Defensa de la Competencia (Antitrust Tribunal), the Secretaría de Instrucción de Conductas Anticompetitivas (the Anticompetitive Conducts Trial Secretariat) and the Secretaría de Concentraciones Económicas (the Economic Concentrations Secretariat).