Chile's Competition Monitoring Unit, an arm of the Electric
Coordinator, is only a year old, but in that time its Advisor to
the Coordinator has opened seven examinations for possible
anti-competitive practices.
One of those investigations has been turned over to the
National Economic Prosecutor's Office (FNE) for action
under its legal authority.
The regulators
The Competition Monitoring Unit is in charge of searching for
"actions that could constitute an attack on competition"
according to Law Number 20.936 (Law of Electrical Transmission),
monitoring compliance with competition law in the electricity
sector.
It should be borne in mind that the role of the Electric
Coordinator is not to level charges or try cases. Its duty is to
uncover and report possible competition breaches to the FNE. It is
the FNE that proceeds on the basis of the evidence. When an
infraction has occurred, the Tribunal for the Defense of Free
Competition (TDLC) examines the charges and