Student Noelia Parada completes the Master’s Degree in Law, Business and Justice with the public defence of her Master's Degree Final Project titled “ Right to Antitrust Law in Bolivia: General or Subsidiary System”.
1 november 2018
Title: Right to Competition Law in Bolivia: General or Subsidiary System.
Author: Noelia Parada Paz
Over the last decade, the right to competition has begun to be relevant in Bolivia, with the promulgation of Supreme Decree 29519 of 16 April 2008, whose purpose is to regulate competition and consumer protection against harmful behaviour that negatively influences the market, causing speculation in prices and quantity.
Supreme Decree 29519 is the Bolivian competition law with a broader scope of application. Before its enactment, there existed, and still exist, certain competition rules applicable exclusively to certain economic sectors in particular.
Since the Ministerial Order 190, which is regulated by the Supreme Decree 29519 about competitiveness matters, came into effect more and more investigations on possible unfair competition were made in areas that had not had this kind of regulation; previously, companies were not interested in establishing inside policies on competitiveness in order to prevent possible unfair competition.
Companies begin the development of competitiveness policies, which in turn makes lawyers become more specialised professionally and educationally
This has meant not only a bigger interest for companies in their competitiveness policies, but also for lawyers in competition law as a professional and educational specialisation area of exercise.
Thus, this Final Project offers a systematised analysis of competition law in general and the enforcement of the Supreme Decree 29519 in particular. The main purpose of the research is to explain the reach of competition law in Bolivia and to study its different legal institutions.
