Mexico issues maximum fines against ferry companies

Henry Stockley

15 November 2016

Mexico issues maximum fines against ferry companies

istock.com/Joel Carillet

Mexico’s Federal Economic Competition Commission has sanctioned three ferry companies and three individuals a total of 45.2 million pesos (€2.07 million) for price fixing and market segmentation – and imposed twice the amount of its usual maximum fines on two individuals it accused of being recidivists.