Antitrust: new rules for business concentrations
Peru’s Law No. 31112, establishing the regime of prior control of business concentration operations in Peru, and its regulation, entered into force on June 14, 2021. This Law creates a prior control procedure – to be overseen by the national consumer protection authority, Indecopi – regarding business control operations, in order to ensure competition and economic efficiency in the marketplace for the welfare of consumers.
To be subject to the prior control procedure, a business concentration operation must fall within both of the following thresholds: