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In this article we will analyze the evolution that our legal system and jurisprudence have had regarding a matter which is very much in vogue these days.
It is well known that one of the main variables considered by foreign investors, to make an investment decision in another country, is the quality of its legal framework, in particular the applicable rules regarding investment protection.
On July 30, 2007, Act N° 18.159 (hereinafter the “Antitrust Act” or “Act”) which establishes the applicable regulation on Antitrust Law was published in the Official Gazzette.
By Bernardo Porras
During the crisis of 2002 (in the southern cone of South America) several banks and other financial entities faced liquidation. For different reasons, the crisis involved entities from several countries, including Brazil, Paraguay, Argentina and Cayman Islands.
Latin America has been, since the origin of the countries which constitute it nowadays, a place open to foreign people and foreign investments.Historically, immigrants brought to this region, not only their work and the dream of a new life in these territories, but also knowledge, techniques and commercial ideas that contributed to its development. The families of these foreign people are currently an important part of the inhabitants of our countries.