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Soft law > Concerted Practices

Leniency Program Guidelines

Peruvian National Institute for the Defense of Free Competition and the Protection of Intellectual Property (INDECOPI), Guidelines, August 2017

See Comisión de Defensa de la Libre Competencia (Indecopi)'s resume

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In recent years, the prosecution of agreements among competitors deemed per se illegal (cartels, subject to an absolute prohibition) has been a priority for the Commission, due to the fact that cartels are the most damaging infringement among anticompetitive practices. In this sense, with the amendments introduced by Legislative Decree 1205 to the Peruvian Competition Act, several provisions were reinforced, aiming the strengthening the power to detect and punish cartels. In comparison to the old provisions, the amendments established clearer rules regarding the processing of applications for immunity or reduction of sanctions with the main goal of having a regulatory framework strong enough to implement an efficient leniency program, complementing and strengthening the efforts of Indecopi in its fight against cartels.