Argentina

Cartel conduct is criminalised under the National Antitrust Law No. 25,156.

The offence

Article 1 of the National Antitrust Law prohibits any actions or practices that have as their effect the limitation, restriction, falsification or distortion of competition or access to the market in a way that may result in damage to the general economic interest. A non-exhaustive list of practices that are prohibited if they have such an effect are is provided in Article 2:

  • price fixing;
  • quantity fixing;
  • horizontal allocation of territories, markets, customers or supply stores;
  • bid rigging;
  • horizontal agreements to restrict investments; and
  • horizontal agreements to restrict research and development.

Sanctions

A fine of between 10,000 pesos and 150 million pesos. There is no possibility of imprisonment.

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