This document discusses challenges with regional competition agreements in Latin America and the Caribbean. It notes that regional institutions are poor, underfunded, and have sclerotic normative frameworks. Only CAN and CARICOM have regional enforcement capabilities. CAN has made some progress with decisions and cases but tensions remain. CARICOM has rules but no enforcement actions after 10 years. MERCOSUR and CACM have agreed to establish competition authorities but have not done so after many years. The document proposes overhauling frameworks, regional merger review, cross-border leniency agreements, and focusing on actual cases to help move integration efforts forward in the region.