Competition and utility regulation

• Autor: Tassano Velaochaga, Hebert Eduardo
• Formato: artículo
• Fecha de Publicación: 2016
• Institución: Pontificia Universidad Católica del Perú
• Repositorio: Revistas - Pontificia Universidad Católica del Perú
• Lenguaje: español
• OAI Identifier: oai:ojs.pkp.sfu.ca:article/14850
• Enlace del recurso: http://revistas.pucp.edu.pe/index.php/derechopucp/article/view/14850
• Nivel de acceso: acceso abierto
• Materia: competition; regulation; public services; social market economy; free competition; competition agency; regulators; competencia; regulación; servicios públicos; economía social de mercado; libre competencia; agencia de competencia; organismos reguladores

With the entry into force of the Constitution of Peru of 1993, the economic model of social market economy, which was accompanied by an institutional reform, creating four (4) regulators of utilities and one (1) competition agency, was established. The economic model of social market economy, guarantees free competition in the market as a general rule, establishing a regulatory framework for public services that before the reform, were managed directly by the State. Thus, in this paper we will learn how to set up the Peruvian institutional framework and what are the main similarities and differences between competition and regulation, for which we will detail the functions of the competition agency and regulatory bodies as well as interaction between the two.