Region: Mexico

Mexico hits SoftBank/WeWork with gun-jumping penalty

Mexico’s antitrust enforcer has fined SoftBank and WeWork for failing to notify their deal but cleared the acquisition as it poses no risk to competition.

29 April 2020

Mexico extends tortilla cartel probe

Mexico's competition enforcer has extended its investigation into possible anticompetitive conduct in the corn tortilla market.

25 March 2020

CMA official backs structural merger remedies

The executive director for markets and mergers at the UK’s Competition and Markets Authority has defended the enforcer’s preference for structural remedies for deals, even as it has experimented with behavioural remedies in other areas.

14 February 2020

COFECE accuses banks of bond cartel

Mexico’s antitrust enforcer has initiated administrative proceedings against several banks – reportedly Citigroup, Banco Santander, Bank of America, Barclays, Deutsche Bank, JPMorgan Chase and Banco Bilbao Vizcaya Argentaria – for allegedly conspiring to fix bond prices.

15 October 2019

COFECE defends new legal privilege regulation

Mexico’s antitrust enforcer has responded to impartiality and procedural concerns raised by practitioners regarding its new attorney-client privilege rules.

09 October 2019

Mexico recognises legal privilege in antitrust probes

Mexico’s competition enforcer has issued regulations for the handling of documents protected by attorney-client privilege, marking the first time the government has officially recognised the principle.

04 October 2019

Mexico fines airport operator for taxi permit abuse

Mexico’s antitrust watchdog has fined Cancun Airport €3.3 million for refusing to issue permits to taxi drivers, resulting in the inflation of millions of taxi fares.

23 August 2019

Enforcer overreached sector regulator on airport, rules Mexican court

Mexico’s antitrust enforcer overstepped its jurisdiction in its first-ever market inquiry by forcing an airport to redistribute unused take-off and landing slots, a court has held.

15 May 2019

Mexico probes corn flour market

Mexico’s competition authority is investigating suspected anticompetitive practices in the corn flour market.

11 April 2019

Timing enables some airlines to dodge Mexican fines

Mexico’s competition authority has fined two airlines and three individuals for fixing prices between 2008 and 2010 – but other suspected cartelists escaped punishment because the enforcer opened the investigation too late.

03 April 2019

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