Mexican enforcer fines Panasonic and Ficosa for failure to notify

Janith Aranze

16 May 2017

Mexican enforcer fines Panasonic and Ficosa for failure to notify

istock/winhorse

Mexico’s competition enforcer has ordered Japanese electronics corporation Panasonic and Spanish auto parts manufacturer Ficosa to pay 56.2 million pesos (€2.7 million) for failing to notify a deal that cleared its merger thresholds.