The firm advises and represents economic agents to file complaints for monopolistic practices or illegal concentrations. It also represents the economic agents who are required by the authority in an investigation.
The competition authority has broad powers to obtain information from any person related to the facts it is investigating, so we represent and advise our clients in the relief of these proceedings in the investigation stage.
The Federal Economic Competition Commission or the Federal Telecommunications Institute may initiate an investigation ex officio or at the request of a party when they have prima facie evidence of monopolistic practices or illegal concentrations.
The Federal Law on Economic Competition establishes a series of requirements that must be met for it to be admitted.
In an investigation, the Federal Competition Commission or the Federal Telecommunications Institute has the power to request reports and documents from economic agents, carry out verification visits and summon persons related to the investigation to testify.
The term in an investigation is up to 120 working days, which can be extended up to four times. On average, an investigation spans just over two years.
The authority through information requests reports and documents in writing to the economic agents, these must vent the requirement within the established deadlines.
The Investigative Authority also has the authority to conduct verification visits to the address or addresses of the firm to obtain data and documents related to the investigation.
The authority may also summon persons related to the investigation to testify.
In case that an economic agent does not comply with the order, the agency can impose various sanctions.
Once the investigation has been completed, the investigating authority shall submit an opinion to the CofeceĀ“s Plenum, in which it may request that the firms be summoned to the trial-like procedure or may request that the case be closed.