Abstract
Abstract The general concepts of free trade and unfair competition are regulated by Andean Community decisions. National legislation provides more detailed regulations. Andean Community Decision 608 promotes and protects free competition across the region. The scope of application of this Decision is limited to practices that have origin and effects in one or more Andean Community countries. Local transactions within the country must observe internal legislation. While Andean law covers cross-border transactions, intra-country operations are governed by local bodies of law. There are yet not many decisions at the Andean level, but the local agencies in Colombia, Ecuador and Peru have issued several decisions that dig into the different elements of unfair acts. The following analysis provides an overview of protection against unfair competition in the region and sheds light on current developments.
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