On 9 May 2018, Argentina approved its new Antitrust Law (N° 27.442). The law will seek to provide greater control over abusive practices and dominant companies, and give a boost to the figure of ‘leniency programs’, as well as increase the fines that can be charged to the infringing companies.
The law also creates a new National Competition Authority, accompanied by a Court and 2 secretaries of Economic Concentrations and Anticompetitive Behaviors Investigation.
