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.
Full content: Bloomberg
Related content: Amendments to Improve the Mexican Competition Law
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