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Superintendency of Industry and Commerce

Field	Value
agency_name	Superintendency of Industry and Commerce
nativename	Superintendencia de Industria y Comercio
formed
headquarters	Carrera 13 № 27-00
Bogotá, D.C., Colombia
budget	COP$54,085,200,000 (2011)
COP$71,296,085,000 (2012)
COP$94,169,797,000 (2013)
chief1_name	Cielo Elainne Rusinque Urrego
chief1_position	Superintendent
parent_agency	Ministry of Commerce, Industry and Tourism
website

Bogotá, D.C., Colombia COP$71,296,085,000 (2012) COP$94,169,797,000 (2013)

The Superintendency of Industry and Commerce (SIC; ) is the competition regulator in Colombia. It is the statutory body of Government of Colombia in charge of regulating fair business practices, promoting competitiveness and acting as the Colombian patent and registration office.

History

In 2014, the agency signed an agreement of cooperation with the U.S. Federal Trade Commission (FTC) and the United States Department of Justice Antitrust Division. In 2018, Andrés Barreto, who served as Deputy Director of Legal Affairs in the Ministry of Foreign Affairs, became superintendent of the SIC. In December 2020, the SIC levied fines equivalent to USD$84.5 million against members of a consortium headed by Odebrecht, a Brazilian construction company, over anti-competitive behavior.

In 2022, the agency established thresholds that would determine whether a merger control procedure would take place. In April 2023, María del Socorro Pimienta, who led the Executive Director of the Trademark Office within the SIC, was appointed to lead the agency. However, she was dismissed from the position over controversies related to her tenure. In February 2024, Cielo Elainne Rusinque Urrego was appointed to lead the agency.

References

(November 2008). "SIC 40 Años Sirviendo al País". [[Ministry of Commerce, Industry and Tourism (Colombia).
Colombia, Congress of. (13 December 2010). "Ley 1420 de 2010". [[Diario Oficial (Colombia).
[[Congress of Colombia. (14 December 2011). "Ley 1485 de 2011". [[Diario Oficial (Colombia).
[[Congress of Colombia. (10 December 2012). "Ley 1593 de 2012". [[Diario Oficial (Colombia).
(2014-09-16). "Agreement On Antitrust Cooperation Between the United States Department of Justice and the United States Federal Trade Commission, of the One Part, and the Superintendence of Industry and Commerce of Colombia, of the Other Part".
(2021-04-18). "Interview with Andrés Barreto González, Superintendent, Superintendencia de Industria y Comercio (SIC), Colombia".
(2020-12-28). "Colombia regulator fines Odebrecht, consortium members $84.5 million".
(2022-01-28). "Colombia: The Superintendence of Industry and Commerce set the thresholds regarding total assets or operational income for determining the obligation to undertake a merger control during 2022".
(2023-04-21). "Colombia welcomes new superintendent".
(2023-12-14). "Gobierno destituye a la Superindustria María del Socorro Pimienta".
McConnell, Charles. (2024-02-08). "Colombia appoints new antitrust head but uncertainty remains over predecessor's exit".

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

government-agencies-established-in-1968 ministry-of-commerce,-industry-and-tourism-(colombia) competition-regulators patent-offices consumer-organisations-in-colombia regulators-of-colombia

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