Reglamento Ley 9736
Proposed regulations of the new competition law in Costa Rica (Law No. 9736) are submitted for public consultation for 15 working days starting from today. This law introduces major changes in institutional issues and in rules and procedures on merger control, investigation of monopolistic practices and sanctions. Access to the proposed regulations here: https://lnkd.in/eT-mSSu
Reformas competencia
The President of Costa Rica today signed the new law strengthening Costa Rican competition authorities, which was passed by Congress on August 29. Under this law, the Competition Commission (COPROCOM) will become a full-time administrative tribunal with more powers to investigate cartels and other anticompetitive practices. Also, new proceedings and stronger penalties will apply. The […]
arbitration day
Arbitration Day 2019, organized by the Costa Rican Young Arbitrators group, was held today at the Costa Rican Bar Association in San José. BTA Legal co-sponsored the event and our partner Alberto Fernández-López was one of the main speakers.
Young arbitrators
“Arbitration Day 2020,” an international event organized by Costa Rican Young Arbitrators, takes place today. Our associate, Guillermo Zúñiga Saborío, will moderate the virtual inaugural panel entitled “Soft Law: Concept, features and scope.”
WWL Alberto
Our partner, Alberto Fernández López, is recognized in the 2020 edition of Who is Who Legal Central America for his extensive knowledge and experience in dispute resolution and construction law. According to the publication, Alberto “continues to impress clients and peers alike with his vast experience and knowledge of disputes and claims arising from the […]
Logos
“Absolute monopolistic practices in Costa Rican law and jurisprudence.” A legal article by our partner, Alan Thompson, included in the second edition of Lead University’s academic journal LOGOS (Vol. 1, No 2, pp. 52-65). In this article the author analyzes absolute monopolistic practices, known internationally as cartels, in the light of relevant OECD instruments, Costa […]
Webinar competencia
Pedro Caro de Sousa, an OECD expert, was the main speaker in the webinar “Competition in times of pandemic: the role of economic agents and authorities”, organized today by the Konrad Adenauer Foundation and the Association of Professionals in Administrative Contracting. Our partner Alan Thompson participated as a guest commentator.
Créditos BCCR
The Central Bank of Costa Rica has announced that it is considering opening lines of credit to banks and other financial intermediaries to finance companies affected by the pandemic. In an article in this week’s edition of El Financiero, our partner Alan Thompson discusses the legal feasibility of the proposal. The article is available here:
Ley usura
As of today, maximum interest rates apply to all types of loans in Costa Rica, as per amendments to the Law of Promotion of Competition and the Effective Defense of the Consumer introduced by Law # 9859 published on June 20, 2020. Charging interest rates above the legal maximum will constitute the crime of usury […]
Concurso
Following the adoption of Law No. 9736 on the Strengthening of Competition Authorities, Costa Rica begins the process of integrating the new top body of the Competition Commission (the “Coprocom”), a key issue in the country’s OECD accession process. The terms of the public contest to select new full time members were published today in […]