Executive updates instructions for payment of economic concentration operations analysis and study
22 enero 2021

ECUADOR

On January 21, the Market Control Superintendency issued Resolution No. SCPM-DS-2021-04, updating the instructions for the payment and calculation of the fee for the analysis and study of economic concentration operations. Likewise, the Executive set the value of the Base Rate for 2021 at USD 23,024.56. The resolution derogates standard No. SCPM-DS-2013-002. and is already in force. 

The regulations enshrined in the measure stipulate that economic operators making the notifications must pay fees based on the volume of income for the year immediately prior to the notification of the concentration operation. If the operator does not have verifiable information on income volume for the year immediately preceding, financial information may be considered up to the second year immediately preceding. 

The base rate is calculated between the division of the costs and expenses incurred by the Superintendency in the year immediately preceding, and the analysis of the mandatory economic concentration operations; as well as the average number of mandatory notifications submitted during the last three years. 

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