He National Government called Public Contest For the selection of experts who will make up the National Competition Defense Authority, The organism that It will control the mergers and acquisitions of companies or will determine if a player in a market has dominant positions.
The Competition Defense Authority It is forced to give a verdict when an operation involves a volume of business that exceeds approximately US $ 104 million.
Argentina, actually, has not had authorities in that matter designated regularly within the framework of the law For more than 25 years.
The authority will work as a decentralized and autarkic organism which will replace the current National Competition Defense Commission, in order to comply with the mandate of Law 27,442 of 2018.
Will be made up of the five members of the court, among which is the president and four vowels. The officials in charge of the Secretariat of Anticompetitive Behaviors and the Secretariat of Economic Concentrations will also be competed.
“Applicants to integrate the National Competition Authority They must apply between May 19, 2025 and June 2, 2025 at the web portal https://concursar.mportal.gob.ar, ”said the Ministry of Commerce.
The agency indicated that “the members that are selected They will be appointed by the National Executive Power in accordance with the lists that the jury raises and that make up the Minister of Economy, Luis Caputo; the Treasury attorney, Santiago Castro Videla; Christian Ruzzier and the representatives of the Argentine Association of Political Economy and the National Academy of Law and Social Sciences ”.
“Officials to designate They will have a five -year mandate, with the possibility of being reelected once, and They can only be removed by the causes stipulated in Law 27,442 on the defense of competition, which ensures its stability, ”says the note.
Defense of competition: the background
During the government of Mauricio Macri, it was about forming the agency after the reform. The official who carried out that task was Esteban Greco, who had initiated the election and designation process of the authorities.
The final designation of officials requires the approval of the Senate, which receives the specifications presented by the Executive Power. Macri arrived at the instance of presentation of the proposals on the end of his mandate.
Upon arriving at Casa Rosada, Alberto Fernández in 2019 appointed the Ministry of Production to economist Matías Kulfas, who decided to stop the process and remove the specifications from Congress under the argument that there were irregularities in the selection of the designated people. His questioning was that the proposals of officials were repeated for different positions.
So, Fernández appointed lawyer Rodrigo Sebastián Luchinsky as president of the National Competition Defense Commission (CNDC)through a decree, but did not initiate the process of designation of the court in accordance with what the law demanded.
Source: Ambito
