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ARTICLE · 16 AUGUST 2019

Chile's Electric Sector Under The Regulatory Magnifying Glass

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.

ChileAntitrust/Competition Law

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

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