Region: Mexico

Eradicating COFECE could breach international trade agreements, experts say

Constitutional reforms sought by Mexico’s president seeking to abolish the country’s antitrust watchdog are unlikely to pass and may violate international trade agreements, local lawyers have said.

13 February 2024

Hogan Lovells, Szecskay, O’Melveny strengthen partnerships

Hogan Lovells, Szecskay, O’Melveny & Myers,and Bredin Prat have kicked off the new year with a spate of promotions across their antitrust practices in Germany, Mexico, Hungary, Belgium and France.

15 January 2024

Mexico

Featured in GCR 100 2024

15 December 2023

Mexico’s president threatens to shut down competition authority

Mexico’s president has said he wants to eliminate the country’s antitrust watchdog and other sector regulators, claiming they are “useless” and a waste of resources.

13 December 2023

Mexico: How Antitrust Oversight is Shaping Mexico’s Digital Ecosystem

Featured in Digital Markets Guide - Third Edition

The Mexican antitrust authorities have been analysing digital mergers to gain a better understanding of how to apply traditional competition law to these spaces. However, jurisdictional conflicts and the dynamic nature of the landscape present ongoing challenges, and a sustained effort is crucial to maintain an even playing field.

08 December 2023

Mexico: Surge in Nearshoring Indicates Promising Future for FDI Legal Framework

Featured in Foreign Direct Investment Regulation Guide - Third Edition

Historically, Mexico has welcomed foreign investment, especially when compared to other more restrictive, security-concerned countries. However, there is the potential to combine this flexible and open outlook on FDI but with a more cautious approach.

06 December 2023

Enforcers launch push to tackle FIFA World Cup collusion

A joint initiative by antitrust enforcers in the US, Mexico and Canada intends to spur competition in several markets by rooting out unlawful agreements targeting the FIFA World Cup in 2026.

22 September 2023

Complicated relationship between Mexican authorities prompts specialised courts to intervene

Featured in Americas Antitrust Review 2024

Merger control is becoming more challenging as increasingly complex cases are brought before the IFT and COFECE. Specialist courts are often required to limit the power of these bodies, further slowing rulings.

25 August 2023

Mexico: new COFECE leadership and IFT restructure exemplify antitrust regime

Featured in Americas Antitrust Review 2024

After two years of vacancies, COFECE has a full, five-member Board of Commissioners to vote on pressing competitive issues. Meanwhile, IFT has amended its by-laws to permit a three-member commission, demonstrating adaptability in a rapidly evolving antitrust landscape.

25 August 2023

Mexican regulator flags competition concerns in mobile telecoms market

A market study by Mexico’s telecommunications regulator has warned the country’s abnormally high costs for accessing radio spectrum risks foreclosing competition.

24 August 2023

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