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The Climate Action Law sets out a catalogue of governmental actions that involve all actors of the Colombian economy. It outlines the agenda for compliance with international commitments acquired by the Paris Agreement to achieve carbon neutrality by 2050. In this alert, Baker McKenzie associates identify the opportunities and obligations to be followed.

The Superintendence of Industry and Commerce (SIC) established the thresholds that will be taken into account to determine whether there is an obligation to undertake a merger control procedure during the year 20221. For this purpose, through Resolution No. 83304 of 22 December 2021, the SIC determined that those economic integrations whose participants, individually or jointly, have total assets or operating income equal to or greater than COP 57,322,387,083.44 (USD 14,398,413.292) must be subject of merger control.

The Colombian competition authority, Superintendence of Industry and Commerce, initiated an investigation against División Mayor del Fútbol Profesional Colombiano, the entity in charge of organizing and operating the Colombian professional soccer league, sixteen (16) professional soccer teams, and twenty individuals associated with them, after allegedly participating in a no-poach agreement.

With major vaccine developments in Latin America, including kick-offs for vaccine campaigns, employers should consider whether a vaccination policy is right for their workplace, keeping in mind that such policies implicate a broad range of employment laws and regulations, and that many of these vary from country to country.

An Employment & Compensation Practice and Healthcare & Life Sciences Industry Initiative
With major vaccine developments in Latin America, including kick-offs for vaccine campaigns, employers should consider whether a vaccination policy is right for their workplace, keeping in mind that such policies implicate a broad range of employment laws and regulations, and that many of these vary from country to country.