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El Salvador underwent a peer review of its competition law and policy in 2019. The Peer Review of El Salvador assesses the effectiveness of its competition regime with a focus on current policy and enforcement; and the evolution of competition policy over the last few years. The Peer Review finds that the basic pillars of competition law in El Salvador are in line with good international best practices. The latest reform proposals show the efforts of El Salvador to increase the effectiveness of the competition law. The review provides 13 recommendations that aim to strengthen competition institutions and improve enforcement.
See also: More on El Salvador Competition Law and Policy
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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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