In Latin American countries, monopolies are common and can create compliance challenges for companies doing business in the region. These monopolies may be family based or private companies that have come to dominate a market over many years. In either scenario, the prevalence of the monopoly creates problems related to market power. In this article, Matteson Ellis discusses the compliance risks a company can face when dealing with monopolies, and how companies investing in Latin American can help protect themselves from these risks.