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Focus on the Angolan power sector – Investment in capacity building, efficiency and steps towards liberalisation

2015 brought a revision of the Angolan power sector law (PSL), which followed a 2014 reorganization of the attributions of its major stakeholders (all state owned enterprises (SOE)), most of which had ambitiously been forecasted in the 2011 National Energy Policy and Security of Supply Strategy...

Conducting business in Canada: Navigating Canada’s anti-corruption laws

Canada has actively been taking steps to develop its anti-corruption landscape, including the implementation of new laws and policies designed to compliment Canada's equivalent of the U.K. Bribery Act, the Corruption of Foreign Public Officials Act (“CFPOA”)

Recent UK Transfer Pricing Developments – A Continued Focus on Base Erosion and Profit Shifting

Transfer pricing rules have been part of UK tax legislation since 1997, and most multinationals operating in the UK are required to self-assess compliance with the arm's length principle when completing their tax returns. The UK tax authorities have long seen transfer pricing as a key issue. In...

Bad Documents under an antitrust perspective in Brazil – Consequences and how to avoid their creation

The competition law (Law 12529/2011), in effect since May 29, 2012, brought about profound changes in the Brazilian competition system, particularly in merger control cases. These changes comprise the structural reform in Brazil's competition authority (the Administrative Council for Economic...

A Necessary Reform... But Partially Missing Its Target? On the Chilean Competition Law Reform

Introduction

Chilean society has had a rough couple of years when it comes to white-collar crimes. Cartels in sensitive markets, like pharmacies and poultry producers; illegal financing of politicians; the frequent use of privileged information in our stock exchange market; grave environmental...

Damages to Public Agencies for Anticompetitive Conducts

Which are the damages that public agencies suffer as a consequence of bid rigging? Colombia's Competition Authority (Superintendence of Industry and Commerce: Miguel de Quinto; 2012) and the different competition authorities around the world have identified the damages with the extra-cost generated...