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Panama: Transport companies move against unfair competition

By  |  July 5, 2016

Independent transportation companies from throughout the country have congregated at Rio Grande de Penonomé, in Coclé province, demanding the investigation by competition authorities of a number of multinational transport companies. The protestors have argued that these foreign competitors have somehow managed to offer extremely low prices, harming independent transporters.

The transport companies believe these companies have engaged in unfair competition, which has wiped out many of their peers. In response, the group has said it plans to form a Collective to demand their economic rights.

Among their main demands, the transport companies have demanded for authorities to unify prices, regulating the access of transport and moving trucks over Panama’s vital Vía Centenario, limiting it to between 6 and 8 pm.

Full Content: TVN 2

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