economy
May 6, 2026
The maneuvers that Corabastos allegedly used to restrict the entry of the business group that owns Tiendas Ara
Corabastos will have to pay a fine for this blockade. Photo: Milton Díaz - El Tiempo
TL;DR
- Corabastos was sanctioned by the SIC for limiting free competition.
- The sanctions are related to blocking the entry of Jerónimo Martins' El Canasto business line.
- A change in Corabastos' regulations in November 2022 prohibited large stores from entering the market.
- The SIC imposed a fine of 260,063,219 pesos on Corabastos and 71,288,570 pesos on individuals.
- The investigation concluded that these practices restricted the agro-food market, affecting consumers and suppliers.
- Corabastos must adjust its internal regulations to eliminate anti-competitive elements.