Colombia Decree 234 Mandatory Sectoral Bargaining Risks Oligopolies, Hurting MiPymes

Colombia's Decree 234 of 2026 mandates sectoral collective bargaining, which a legal expert warns could entrench oligopolies and disadvantage micro, small, and medium enterprises (MiPymes). The decree also fails to address the issue of multi-affiliation in unions. This policy shift may alter labor market dynamics and competitive conditions for smaller firms.