Read the latest news about Covid-19

Merger control procedures are reactivated and new guidance for collaborations among competitors during the COVID-19 crisis was issued.

The Superintendence of Industry and Commerce (Superintendencia de Industria y Comercio) resumed deadlines for ongoing applications and reception of new merger controlfilings as of May 12, 2020. Moreover, under the new guidance for collaborations among competitors, associations will be presumed to meet the efficiency test, but the parties will need to report the agreement to the SIC.

Banco de Comercio Exterior de Colombia (Bancoldex) credit lines that contribute to business sustainability and job preservation in the framework of COVID-19

Considering the multiple credit lines available by Bancoldex to confront the devastating economic effects of the COVID-19 pandemic, we have compiled the most important aspects of said credit lines.

Colombia enters into a new Economic, Social and Environmental State of Emergency 

Considering the necessity to extend the mandatory preventive isolation, the impossibility for companies to continue their commercial activity, and the ceasing of social life, among others, the President of the Republic declared a new State of Economic, Social and Ecological Emergency. This will allow him to issue Legislative Decrees during the 30 day period that enshrined in the Constitution.

Colombia continues with its preventive mandatory isolation measure

Through Decree 636 of 2020, the Ministry of the Interior has again extended the mandatory preventive isolation of all inhabitants of Colombia from May 11 to May 25, 2020, and provides the required instructions for its compliance and the exceptions to the limitation of free movement.