Page 2 - Bulletin No. 23 - Free Competition

BULLETIN
2 / Our Contributors
Free Competition
PANAMA
X National Day of Free Competition

By: Héctor Aguila.

The National Directorate of Free Competition of ACODECO, celebrated the X National Day of Free
Competition, which is celebrated on February 1, each year, carrying out various activities and training.

One of them was the publication of an institutional video, showing in a didactic way, two shave ice
makers (economic agents) agreeing to set a price, reason that motivates consumers to report them to

ACODECO, aspects that are sanctioned until a million dollars.

This promotional video, served as the basis for the launch of the 3rd. Video Contest, Business Edition,

“I Compete” awards, held on February 5, 2020, in Panama City, with the theme How does my company
comply with free competition in Panama?, by preparing a video that will explain to the population, in

a didactic way how companies are committed to free competition, using social networks and the
hashtag #Yosicompito of ACODECO to publicize their videos.

The finalist companies of the award were seven (7), being these: Grand Tours, S.A., Yogen Fruz,
Cervecería Nacional, S.A., Relojín, S.A., Más Móvil, Grupo Sílaba, S.A. and Hospital Nacional, S.A.,
competing for the first three positions.

As part of the preamble, the presentation of the international speaker was given by Dr. Juan David
Gutierrez, who has extensive experience in competition law issues, with the theme: "The necessary

ingredients for a successful compliance program."

After that, each participating company shared their experiences and the importance of having good
practices in the free competition, that allows them to be competitive in their economic activities,
complying with the law in order to not affect the consumer.

After the closed deliberation, the three winning companies were selected, being these, in the following

order: First place Yogen Fruz, second place Grupo Sílaba, S.A. and third place Cervecería Nacional, S.A.
On February 6, 2020, another training was conducted by Dr. Juan David Gutiérrez, with the topics:

Competition Law in Latin America, the challenges of competition authorities in digital markets,
collusion, algorithms and artificial intelligence and strategic planning processes and evaluation of
competition authorities.