Ecuador

Organic Law on Regulation and Control of Market Power

Year of Version:2011
Date of Entry into Force:October 13, 2011
Date of Text (Enacted):October 10, 2011
Type of Text:IP-related Laws: enacted by the Legislature
Subject Matter:Competition, Enforcement of IP and Related Laws, Industrial Property, Other, Undisclosed Information (Trade Secrets)
Notes:
The notification by Ecuador to the WTO under article 63.2 of TRIPS states:
'The purpose of the Law is to avoid, prevent, remedy, eliminate and punish any abuse by economic operators with market power; to prevent, prohibit and punish collusive arrangements and other restrictive practices; to control and regulate economic mergers; and to prevent, prohibit and punish unfair practices, with a view to market efficiency, fair trade and the general well-being of consumers and users, so as to establish a mutually supportive and sustainable socio-economic system.'

Article 9(17) of Section 2 and Articles 26 and 27(3) & (7) of Section 5 under Chapter II of this Law contains provisions on protection against unfair practices and acts related to intellectual property; and provisions on trade secrets violation.

This Law also introduces the amendments to Article 155, Articles 280, 339 and 346; and repeals Articles 183-193 and 284-287 of the Intellectual Property Law of December 28, 2006 (see the Fourth, the Twelve, the Thirteen and Fourteenth Provisions under the 'Amending and Repealing Provisions' of the Law).
Available Texts: 
Spanish

Ley Orgánica de Regulación y Control del Poder de Mercado Ley Orgánica de Regulación y Control del Poder de Mercado, Complete document (pdf) [3001 KB] Ley Orgánica de Regulación y Control del Poder de Mercado, Complete document (htm) [203 KB] (Version with Automatic Translation Tool)

Related Legislation:
WIPO Lex No.:EC048

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Ecuador