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Relevant Market in Ecuador Competition Law: How Is It Defined?

The relevant market is one of the fundamental concepts in Competition Law, as it defines the scope in which companies compete and helps determine whether a particular conduct may affect market competition. Its proper definition is essential for assessing anticompetitive practices, abuse of market power, and merger control

Implications of Personal Data Processing in Contractual Matters

In the Ecuadorian business environment, the inclusion of specific data protection clauses in contracts is not optional, but rather a legal obligation under the LOPDP, which prohibits the use of generic authorizations, to ensure that the processing of information is lawful and to avoid severe sanctions by the Superintendence of Personal Data Protection.

Impacts of the U.S.–Iran Conflict on Ecuador: Legal, Commercial and Strategic Perspectives

The conflict between the United States and Iran has triggered an energy crisis with direct effects on international trade. For Ecuador, as a fuel-importing country, this scenario entails concrete economic impacts and significant legal challenges in international contracts, risk management, and business legal certainty. This analysis examines the commercial, contractual, and strategic implications for Ecuador’s business environment.

What are allocations in inheritance law?

Allocations consist of the distribution of all transferable assets, rights, and obligations that make up the heritage of the deceased. They are classified into universal allocations, which may arise through a will or by operation of law, and singular allocations, which arise only through a will.

Can property lent under a commodatum agreement be acquired by prescription?

A commodatum is a contract through which a person lends property free of charge for another person to use, with the obligation to return it. Under the Ecuadorian legal system, the borrower does not acquire possession but only mere holding of the property, which means it cannot be acquired through acquisitive prescription unless a proven interversion of title occurs.

Processing of Proposed Laws Classified as Urgent Economic Matters

Proposing urgent economic bills is one of the powers of the Executive Function; however, these must be submitted to the National Assembly for approval, modification, or rejection. In accordance with the Constitution and the Organic Law of the Legislative Function, a failure to issue a ruling results in the immediate enactment of the project by operation of law.