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Mexico: Watchdog investigates milk price fixing

By  |  January 19, 2017

Mexico’s Federal Commission for Economic Competition (COFECE) has carried out a probe into possibly illegal instances of collusion in the raw milk sector, as well as in the production, distribution of pasteurized milk and other dairy products.

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    In it’s statement, the organization headed by Alejandra Palacios published in it’s web page fragments of two Investigation agreements.

    While the statement did not name the companies under investigation, the agency clarified that illegal agreements include those which aim to hamper, diminish, damage or prevent free competition. These conducts can also increase an economic agent’s relative market power, displace competitors or create barriers to entry that prevent third parties from accessing the market or some vital resource.

    COFECE has a period of between 30 and 120 days to carry out necessary investigations, with up to four possible extensions. The investigation into the dairy sector dates back to summer of 2016.

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