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Mexico Probes Possible Monopolistic Practices In Waterproofing Products

By  |  September 29, 2020

Mexico’s antitrust regulator published a notice in the Federal Official Gazette that it has initiated an investigation into possible absolute monopolistic practices in the market for the production, distribution, and commercialization of waterproofing products in the Mexico.

This investigation, identified with file number I0-002-2019, is not a prejudgment on the responsibility of any economic agent, as at the moment violations to the framework of economic competition have not been identified definitely, nor the subjects or subjects who, if this is the case, would be considered as probable responsible at the end of this investigation.

The term for this probe can last for up to 120 business days, starting from September 25, 2019, the date of the start of the investigation, and can be extended up to four times.

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