Region: Mexico

Credit data company fined for refusal to deal in Mexico

Mexico’s competition authority has fined Dun & Bradstreet 27.4 million pesos (€1.25 million) for refusal to grant a competitor access to its database, but dropped allegations against another credit bureau due to lack of evidence.

26 February 2019

Global firms announce new year promotions

Hogan Lovells, Gibson Dunn & Crutcher and Hausfeld have bolstered their antitrust teams by promoting lawyers to partner, counsel and of counsel.

22 January 2019

Latin American enforcers commit to leniency principles

The competition authorities of Brazil, Mexico, Peru, Argentina and Chile have signed a joint statement on shared principles that will guide the implementation of their leniency regimes – following recent controversy in the region about the confidentiality of submitted applications.

03 December 2018

COFECE fines cash-in transit cartel €5 million

Mexico has fined seven cash-in-transit companies and 10 individuals 123.5 million pesos (€5.2 million) for fixing prices and dividing the market between them.

19 November 2018

COFECE probes market for card payment systems

Mexico’s competition enforcer is investigating the card payment systems market for barriers to entry, which could end with the agency imposing remedies on the market.

29 October 2018

Steel manufacturer fined in Mexico for commitments breach

Mexico’s competition authority has fined steel manufacturer Villacero close to €3.1 million for breaching conditions imposed on the company’s acquisition of Savoy International Investments in 2010.

05 October 2018

COFECE fines Pemex €19 million for tardy audit report

Mexico’s competition enforcer has fined Pemex €19 million for breaching a 2016 commitment by failing to submit an audit report on time, but the state-owned oil company claims it complied with its obligations.

22 August 2018

Second sugar industry cartel probe launched in Mexico

Mexico’s competition watchdog has begun an investigation into an alleged cartel in the country’s sugar market, based on concerns that several companies fixed prices, rigged bids, allocated markets and restricted supply.

14 June 2018

Mexico could scrap JV guidelines, observers say

The board of Mexico’s competition watchdog last week voted against the implementation of guidelines that would have clarified the legality of competitor collaboration, local lawyers have said.

13 June 2018

Bayer/Monsanto given final greenlight

Bayer has set 7 June as the closing date for its purchase of Monsanto, after clearing the final regulatory hurdle yesterday when Mexico’s competition watchdog approved the deal subject to divestments.

05 June 2018

Unlock unlimited access to all Global Competition Review content