Peru: Competition law enforcement - reaching maturity

This article describes the most recent changes and trends in Peru’s competition law enforcement. After presenting an overview of Peru’s competition law and policy, the author depicts the evolution of Indecopi (Peru’s competition authority) in its fight against horizontal collusion and shows evidence of the increase effectiveness in the prosecution of cartels, as a result of the strengthening of the leniency program. The author also reviews the new steps being taken by Indecopi: new guidelines for promoting competition in public procurement and the beginning of a rewards program for cartels’ whistleblowers.