Costa Rica: Seven years to resolve competition cases – OECD calls for changes

The resolution of complaints of unfair competition in Costa Rica takes up to seven years in some cases, affecting not only employers but also consumers, the OECD reported last week.

While the processes are going on, the businesses involved are affected and could even leave the market in the face of unfair competition, said former MEIC minister, Geannina Dinarte, and the executive director of the Costa Rican Chamber of Commerce (CCCR), Alonso Elizondo Bolaños. .

The adjustments are part of the OECD’s requests within the process of Costa Rica’s access to the organization, following the publication of the Law and Competition Policy report in Costa Rica, in which the OECD and the Inter-American Development Bank (IDB) identify a series of weaknesses in the competition regulation system in Costa Rica.

The OECD and IDB research specifically states that one of the main weaknesses of the regime is related to the large number of markets and sectors that are exempt from competition law enforcement, including land and maritime transport; generation, transmission and distribution of electricity, supply of hydrocarbon derivatives, rail freight transport and the entire public water service chain.

Full Content: La Nación

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