Markets are flawed. Economic theory has described these flaws in detail and, together with law and public policy, it has developed a series of normative tools whose objective is to remedy or correct them.

The most relevant tools are competition law and economic regulation. Sometimes these tools operate in separate dimensions, but at others they are closely interrelated. Both areas are especially complex, since they combine legal theory and practice, applied to industrial organisation and public policies. These issues are critical for companies and their normal development, as well as for the achievement of objectives of social value.

In the year 2000, FerradaNehme was the first law firm in Chile to create an area dedicated exclusively to competition law and economic regulation. Today, we have one of the largest and most comprehensive practices in the country, with around twenty professionals dedicated exclusively to investigating and resolving matters of this nature, under the attentive direction of our founding partner Nicole Nehme and partners Benjamín Mordoj, Diego Hernández and Mabel Ahumada. We always approach commissions from a multifocal perspective, combining law and economics, with the support of the best national and international economists.

We are probably the firm that, on a yearly basis, takes on the largest number of matters related to competition law in Chile. We provide consultancy to both public and private entities and always participate in the most relevant cases followed by the national competition authorities, being continuously recognised for the depth of our analysis and our ability to generate innovative solutions. Our work covers all areas of competition law, and we pride ourselves on providing comprehensive, multidisciplinary advice, working collaboratively with other practices within our firm. We always try to deliver exhaustive, creative solutions and seek to achieve a good balance between individual and social interests and competition.

When it comes to economic regulation, our firm regularly advises large companies and institutions in a wide variety of sectors, covering virtually all the regulated industries in our country. Our consultancy focuses, among other things, on proper compliance with sector regulations and representation before sector watchdogs or panels, as well as mandatory pricing procedures for services, voluntary regulation processes, profitability check procedures, participation in public tenders and implementation of concession regimes. Likewise, we provide consultancy for different State organisations in the design of public policies and in the preparation of pro-competitive tender terms and conditions.

Several members of our team have undertaken postgraduate studies at the most prestigious universities in the world, and also teach undergraduate and postgraduate programmes in economic law, competition and economic regulation at leading Chilean universities.