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Cofeco fines Cemex 10.2M pesos for blocking rival cement shipment

 |  February 14, 2012

The Federal Competition Commission has fined Cemex 10.2 million pesos (approximately $800,500) for anticompetitive practices. Cemex, a world leader in cement production, held up a rival’s shipment of imported cement made in Russia at port for months in 2005. The shipment was later turned away.

Source: Reuters


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