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CFC upholds Cemex fine for holding up Russian cement

By  |  June 15, 2012

Mexico’s Federal Competition Commission upheld its 10.2 million peso fine against Cemex. The regulator had fined Cemex, a world leader in cement production, in February for holding up a rival’s shipment of imported cement made in Russia at port for months in 2005. The shipment was later turned away. Cemex had appealed the fine, and now seeks an injunction.

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    Related content: Amendments to Improve the Mexican Competition Law

     

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