Colombia’s Competition Authority, the Superintendencia de Competencia, is facing a critical deadline to prepare for expanded investigative powers set to take effect in December with the second phase of a new law. The urgency stems from the need to appoint a new superintendent and for the governing board to ready the institution for the increased responsibilities. Stakeholders are actively calling for transparency in the selection process for the new superintendent, emphasizing the importance of an impartial and qualified leader. The incoming leadership will be tasked with effectively implementing the new regulations and ensuring fair competition within the Colombian market. This transition is vital as the law aims to strengthen consumer protection and prevent anti-competitive practices. The successful implementation hinges on a swift and transparent appointment process and thorough institutional preparation. Failure to do so could hinder the authority’s ability to address potential market abuses.

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