Overview
- Luz del Sur was sanctioned for failing to provide complete, correct and truthful information during Indecopi’s prior-control review of a notified purchase of solar plants in 2023.
- The Competition Defense Commission imposed a fine of 1,000 UIT, equivalent to S/5.5 million, in a first-instance administrative decision.
- Investigators had requested five-year investment plans, and the company initially reported having none before authorities identified documents showing expansion projects.
- This marks the first enforcement action under Law No. 31112’s concentration control regime, signaling tighter scrutiny of disclosures in merger filings.
- The decision can be appealed within fifteen business days to Indecopi’s Specialized Chamber, with the agency saying the sanction promotes diligence and good faith under shortened timelines.