Superintendencia de Industria y Comercio

The Superintendence of Industry and Commerce (SIC), in its role as national competition authority, opened an investigation against the companies: PROSAN, SURTIPIEL, AGROSAN, CHARRY TRADING, FRIGOCENTRO and CERCALDAS for allegedly having developed an anticompetitive system in the market for the production, distribution and commercialization of by-products derived from the slaughter of bovines and pigs in different cities of Colombia.

In addition, the Superintendence also opened an investigation against twelve (12) individuals related to the investigated companies. The foregoing, to determine if they would have collaborated, facilitated, authorized, executed or tolerated the investigated behaviors.

In the event that it is proven that there was an infraction of the rules of free economic competition, the Superintendence of Industry and Commerce may impose sanctions of up to 100,000 Minimum Monthly Legal Wages to each company and 2,000 Minimum Monthly Legal Wages to each individual.