Mexico’s Federal Commission of Economic Competition (CFC) recently announced to Bachoco that the poultry company has been found to have fixed prices and conspired with other local procurers to swap information. Now, Bachoco is publicly denying the claims in a press release, announcing it will fight the allegations under Mexican law. Bachoco, as well as other companies in the poultry industry, had been under investigation since the CFC probe was announced in late-2009.
Full Content: The Poultry Site
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
UK Court Hears Motorola’s Appeal Against CMA’s Price Cap on Emergency Service Network
Nov 11, 2024 by
CPI
FTX Sues Binance Over Alleged $1.8 Billion Fraudulent Transfers
Nov 11, 2024 by
CPI
Zomato Dismisses Claims of Antitrust Investigation by CCI, Labels Reports “Misleading”
Nov 11, 2024 by
CPI
Appeals Court Upholds Antitrust Ruling Against American Airlines and JetBlue Partnership
Nov 11, 2024 by
CPI
EU Commits €133 Million to Dutch Photonic Chip Production in Major Semiconductor Push
Nov 11, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI