Ecuador
OECD-IDB Peer Reviews of Competition Law and Policy: Ecuador
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Ecuador underwent a peer review in 2020. The Peer Review of Ecuador describes the competition regime in place since 2011, assesses its effectiveness and presents its achievements and challenges. The Peer Review finds that its competition authority, active since 2012, has been the driving force behind many of Ecuador’s efforts to meet international good practices and provides several recommendations that aim to strengthen competition institutions and improve enforcement.
SEE ALSO Country reviews of competition policy frameworks |
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WEBCAST OF THE LAUNCH The review was officially launched at an online virtual event on 31 March 2021 (also available in Spanish). |
WHAT ARE PEER REVIEWS? “Peer reviews” are a core element of the OECD work. The mechanisms of peer reviews vary, but it is founded upon the willingness of a country to submit its laws and policies to substantive questioning by other peers. The process provides valuable insights into the country under study, getting to the heart of ways in which each country deals with competition and regulatory issues, from the soundness of its competition laws to the structure and effectiveness of its competition institutions. Moreover, these reviews incorporate recommendations for changes in government policy. |
LATIN AMERICAN REPORTS ON COMPETITION Since 2003, the OECD and the Inter-American Development Bank have collaborated on a series of reviews of competition policy and law in Latin America. Most of these reviews are performed during the Latin American Competition Forum which is held every year in a different country in Latin America and the Caribbean. |
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