Originally published in Urguay Antitrust, Volume 6, Issue 9,
December 13, 2007.
At the end of July 2007, the Uruguayan government enacted
the Ley de Libertad de Comercio y Preservación de la
Libre Competencia or Trade Freedom and Free Competition
Preservation Act, which came into effect in early August and
marked the beginning of a new era for antitrust in Uruguay.
As it is still in its infancy, the antitrust act may yet be
regulated and refined through decrees and regulations issued by
the government, which has 120 days from 20 July to produce the
regulations. At the time of writing, no regulations have been
released.
The antitrust act repeals almost all previous regulations
related to anti-competition matters and will cover all persons
(legal entities and individuals, public or private, national or
foreign) except for the limitations established by law owing to
reasons of general interest.
