Through Bill No. 5912/2023-CR, presented by Margot Palacios (Free Peru), you want reform article 60 of the Political Constitution to allow business participation of the State in the market.
The purpose of this initiative – which awaits debate in the Constitution and Regulations Commission – is to “expand the scope of economic pluralism” so that “more companies, public or private, participate in free competition” and “equal conditions.”
It is worth noting that Article 60 of the Magna Carta states that the State, only authorized by express law, can subsidiary carry out business activity directly or indirectly.; These principles become a barrier for public firms to enter the market, according to the explanatory memorandum.
Thus, “the economy becomes a monopoly of the private sector by preventing the productive, commercial and financial activity of the State under equal conditions.”
According to the PL, far from theory, there is no authentic free competition in the Peruvian market, since every day we see sectors controlled by private parties through monopolies and oligopolies. In this way, they set the prices that consumers pay.
For example, him Gloria Group controls 76.9% of the dairy market, and Alicorp, 81% of the food market—a company belonging to the Romero Group—. Furthermore, in the pharmaceutical industry, more than 90% is managed by the Intercorp Group —which absorbed Mifarma, BTL and Fasa—. For its part, in the beer sector, Backus & Johnston They have 99% of the sector with brands such as Pilsen Callao, Cristal, Cusqueña and Budweiser. Likewise, Grupo El Comercio manages 80% of the written press market and family groups with high influence on radio and television.
Source: Larepublica
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