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Mexico: COFECE slaps glove manufacturers with fine

 |  December 13, 2017

Mexico’s antitrust commission on Monday, December 11, levied fines equaling more than US$13 million against five latex glove manufacturers and almost a dozen individuals stemming from a coordinated effort to rig bids for various products used by the Mexican public health sector.

The Federal Economic Competition Commission, known by its Spanish abbreviation COFECE, ordered Dentilab, Ambiderm, Degasa, Productos Galeno and Holiday de México and 11 people acting on behalf of the companies to turn over a total of 257.6 million pesos (US$13.5 million) for their roles in the scheme.

These absolute monopolistic practices were carried out, at least, from March 2009 to April 2015 and affected several procurement processes, mainly those carried out under the consolidated purchasing model convened by the Mexican Social Security Institute, said COFOCE in an emailed statement.

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