Chapter

Chile <i>The Competition Law System and the Country’s Norms</i><sup>1</sup>

Francisco Agüero and Santiago Montt

in The Design of Competition Law Institutions

Published in print December 2012 | ISBN: 9780199670048
Published online January 2013 | e-ISBN: 9780191744341 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199670048.003.0004

Series: Law And Global Governance

Chile The Competition Law System and the Country’s Norms1

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This chapter discusses the history, institutional structure, mandate, procedural characteristics, and agency performance of Chile's competition law system. Chile's competition law authority is the National Economic Prosecutor's Office (NEPO). This is an independent agency subject to the oversight of the President of the Republic through the Ministry of the Economy. The agency is headed by the National Economic Prosecutor (NEP), who is appointed by the President for a term of four years, renewable once. The NEP has broad powers to investigate competition law infringements. For enforcement, the NEP presents cases to the Competition Tribunal. The Competition Tribunal was created in 2004 as a specialized, independent jurisdictional entity, subject to the oversight powers of the Supreme Court in appellate proceedings. Its members are appointed as the result of a public competition process.

Keywords: National Economic Prosecutor's Office; National Economic Prosecutor; Competition Tribunal; Supreme Court; appellate proceedings; Chile

Chapter.  20387 words. 

Subjects: Competition Law

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