Acodeco clarifies about monopolistic practices

The Authority for Consumer Protection and Competition Defense (Acodeco) reported that it has not issued any report regarding monopolistic practices, clarifying confusions and misunderstandings on this topic.


Acodeco clarifies about monopolistic practices

According to Acodeco, monopolistic practices are considered illicit behaviors that limit competition among companies. The Authority for Consumer Protection and Defense of Competition in Panama clarifies that it has not yet prepared any specific report on these practices.

It is important to highlight that monopolistic practices have a negative impact on the market by favoring a single company to the detriment of competition and consumers. Acodeco is responsible for ensuring compliance with competition laws in the country and taking necessary measures to prevent such situations.

In the words of a representative of Acodeco: "It is essential that companies operate in an environment of fair and transparent competition to ensure that consumers have access to a variety of products and services at competitive prices."