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Mexico’s Cofece Fines Dutch Fund And Doporto

By  |  July 1, 2020

Mexico antitrust agency Cofece fined Moench Cooperatief and businessman Luis Doporto for failing to eliminate links between Nadro and Marzam in the pharmaceutical product distribution market.

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    Moench and Doporto receive fines totaling 30.9 million pesos (US$1.35 million), according to a statement from the antitrust agency.

    Conditions were set by Cofece in June 2018 to close an investigation into a possible illegal concentration in the market. Moench and Doporto must still comply with measures, otherwise the antitrust agency can establish enforcement measures with a fine of up to double the current one.

    Cofece started the investigation after media reports were released that were based on the Panama Papers.

    Full Content: COFECE

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