Page 6 - Bulletin No. 14 - Free Competition

BOLETÍN de Libre Competencia PANAMÁ Technical Teleconference on The International Consumer Protection and Law
ACODECO exhibits at ICPEN Turkey
Settlements to RECAC

Enforcement Network (ICPEN) invited ACODECO as an
exhibitor to the "Best Practices Workshop and
Conference". This event was held from November 13 to 16,
2017 in the city of Antalya, Turkey.

The National Directorate of Free Competition participated
on November 9 of a technical teleconference with Mr. Aarón Alexander, collaborator of the National
homologous authorities belonging to the Central American
Network of National Authorities Responsible for the Issue Directorate of Free Competition, presented the experience
of Competition (RECAC, acronym in Spanish), exposing of Panama in terms of collaborative economy, making
the issue of Settlements in the Competition Law of known the results of ACODECO through a report prepared
Panama, which consists in the investigated economic in August 2016 under the title, "Collaborative Economy in
agent or defendant requests the Authority an agreement Businesses of Transport Networks Supported in Mobile
and offers guarantees and commitments, such as allowing Applications". In addition, the benefits and challenges of
unannounced and judicial order audits of competence, the collaborative economy were announced, as well as the
contribution in favor of the national treasury, viability Law that legalizes the service of these platforms in
consultation, cessation or modification of the conduct and Panama, Executive Decree No. 331 of October 31, 2017,
penalty clause in case of non-compliance. The which regulates the Luxury Transportation Service through
teleconference was held in order to promote the issue in information and communication technologies.
the region and share experiences of this fundamental tool
for the restitution of competition conditions in the market
and also avoids the wearing down of an excessively long
judicial process.

6 PRESENT