Competition Law and Policy in Latin America
Peer Reviews of Argentina, Brazil, Chile, Mexico and Peru
This book contains the results of peer reviews of the competition law and policies of Argentina, Brazil, Chile, Mexico, and Peru. Each review provides information on the history and economic context for competition law, an outline of the provisions of the current law and policies, a review of institutional issues, a review of competition policy in specific regulated sectors, a review of competition advocacy, and a set of conclusions and recommendations.
Also available in: Spanish
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Peru
Peru is a developing country with a history of protectionism, “import substitution,” and substantial governmental involvement in the economy. These precluded sustained economic growth by cutting off foreign investment while wasting its own resources by subsidising inefficiency. By the late 1980s, Peru had a rapidly declining GDP and a four-digit inflation rate.
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