The 1949 Campeonato de Selección y Competencia was the 33rd season of the Peruvian Primera División. Eight teams participated in the second-to-last amateur-status championship, which was played as a triple round-robin tournament. The champions were Universitario. No team was relegated; therefore the top-flight grew to 10 teams for 1950.
Teams play each other once, either home or away. All matches were played in Lima and Callao.
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