P.R. Laws tit. 3, § 294i

2019-02-20 00:00:00+00
§ 294i. Office of Anti-Trust Affairs—Powers and duties

The Office of Anti-Trust Affairs, in addition to the powers and faculties conferred thereon by §§ 291—295u of this title and by other laws, shall have, without it being construed as a limitation, the following:

(a) Compile and order information on competitive practices in Puerto Rico’s market and on its relation with the markets of the United States of America and abroad, in order to determine which practices constitute restraints to free trade and lead to the undue concentration of financial power, for which it may require any person to surrender the statements deemed necessary for that purpose.

(b) Conduct the necessary investigations and take the corresponding action to ensure compliance with its own orders and those of the courts of justice.

(c) Investigate and make recommendations to the Secretary in those cases in which a corporation is incurring abuse of its corporate powers, pursuant with what is prescribed in Act No. 93 of July 13, 1988, known as the “General Corporate Act”.

(d) Keep the public informed on its activities to enforce the law and foster in commerce a voluntary obedience of its provisions and objectives. For such purposes, it shall foster the holding of industrial and commercial conferences and the adoption of trade norms that promote free competition fairly.

(e) Promulgate, with the approval of the Secretary and the Special Board created by §§ 257 et seq. of Title 10, the rules and regulations necessary for the enforcement of said sections and to exercise of its powers or to discharge its duties. The rules and regulations thus approved shall have force of law upon compliance with the provisions of §§ 2101 et seq. of this title, known as the “Uniform Administrative Procedures Act of the Commonwealth of Puerto Rico”.

(f) Represent the Commonwealth, on behalf of the Secretary, in judicial, criminal or civil actions, at first instance or appellate circuits, and in those proceedings before federal administrative or judicial authorities in which the Commonwealth has an interest and are related to maintaining free competition.

(g) Carry out all other tasks assigned by the Secretary in order to enforce §§ 257 et seq. of Title 10, and render the reports required by him/her.

History —Aug. 9, 2004, No. 205, § 57.